Short term and long, Leave vote is bad news for Ireland's economy
Britain's EU departure will slow Irish economic growth immediately and make us poorer in the future, writes Dan O'Brien
'Historic' is a much overused adjective, but its use is entirely appropriate to describe the events of recent days.
Britain's vote to exclude itself from Europe's economic and political order is an inflection point in our continent's history. It could well be a turning point. If it is the latter, it will be a turn for the worse. How Brexit happens and how its many consequences are managed will dominate political and economic life for many years to come. We are all likely to be living with the ramifications for the rest of our lives.
But first, let's deal with the short term. Could the shock of Brexit push the Irish economy back into recession?