Monday 22 October 2018

Analysis: Ireland will still have allies, but none of the stature of UK

 

Once Britain leaves, Ireland will still have tax allies, but none of the stature of the UK
Once Britain leaves, Ireland will still have tax allies, but none of the stature of the UK
John Downing

John Downing

Ireland has worked in a sea of shifting alliances over its 45 years in the various manifestations of the European Union.

We have always coat-tailed France in matters agricultural since 1973. The Gallic heft to ensure its big tillage, dairy and beef producers are protected has proved a very useful shield as the Common Agricultural Policy was given several revamps.

When the hunt was on for major EU regional and social fund grants in the late 1980s and early 1990s, this country made common cause with others seeking compensation to bolster their economies against the economic shocks of the big EU projects. Ireland and others were keen, but fretful, about throwing open borders to trade, and also surrendering the right to devalue national currencies and fix interest rates as part of what would eventually become the euro.

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