Brexit could cost Irish economy €18 billion – Report

A worse-case scenario Brexit deal could cost the Irish economy 18 billion euro.

That’s according to an independent report commissioned by the government which was considered by the cabinet this morning.

It stated Brexit will have a negative impact on Ireland in all scenarios, even with a soft exit.

However the report was done under the premise no government action will be taken to counter the risk, and acknowledges this could mitigate the damage to the economy.