Saturday 24 June 2017

The idea Brexit banking is risky to State is a nonsense - provided we don't foolishly guarantee their debts again

Here, the Central Bank has been positively Eeyeor-ish in comparison, laying a heavy stress on the authorisation process and talking down the possibility of any one location replacing London. Stock Image
Here, the Central Bank has been positively Eeyeor-ish in comparison, laying a heavy stress on the authorisation process and talking down the possibility of any one location replacing London. Stock Image
Donal O'Donovan

Donal O'Donovan

The idea that Ireland can afford to turn away investment - especially large, long-term investment - is completely off the wall.

But that seems to be what's happening. Brexit will reshape Europe's economy for decades to come. Countries that grab a share of investment now may well reap the benefits for generations.

There's no good reason for Ireland to sit this out.

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