The chances of Britain's status-quo Brexit transition period ending without a trade deal at the end of the year is a risk the Irish economy needs to start preparing for, Finance Minister Paschal Donohoe said on Friday.
FILE PHOTO: Irish Finance Minister Paschal Donohoe walks outside Government Buildings in Dublin, Ireland October 8, 2019. REUTERS/Lorraine O'Sullivan
DUBLIN - The chances of Britain’s status-quo Brexit transition period ending without a trade deal at the end of the year is a risk the Irish economy needs to start preparing for, Finance Minister Paschal Donohoe said on Friday. “It is back as a risk, it’s back as a risk that we all need to plan for, and we will know just before the summer exactly what kind of issue this is going to be. It’s difficult to calibrate it now,” Donohoe told a virtual conference.
“I am pretty balanced in my assessment of where it as the moment. At this point it is too early to add to our pessimism and too early to add and create a sense of unjustified optimism. We are in the middle firmly at the moment.”
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Exclusive: Irish budget deficit could top 10% of GDP - Finance MinisterIreland could post a wider budget deficit this year than its worst-case scenario of 10% of GDP, even if it fully succeeds in reopening the economy, Finance Minister Paschal Donohoe told Reuters on Thursday.
Weiterlesen »
On this day: Born May 22, 1946: George Best, Northern Irish footballerGeorge Best was arguably the finest footballer never to have played in a World Cup yet his absence from the biggest stage did little to harm his international fame.
Weiterlesen »
Off Broadway’s Irish Repertory Theatre Sets First-Ever Online Season, Including World Premiere Of COVID-19 DramaEXCLUSIVE: New York’s Irish Repertory Theatre has announced an upcoming online run of four plays, becoming what could be Off Broadway’s first summer season created specifically for virt…
Weiterlesen »
Exclusive: Irish budget deficit could top 10% of GDP - Finance MinisterIreland could post a wider budget deficit this year than its worst-case scenario of 10% of GDP, even if it fully succeeds in reopening the economy, Finance Minister Paschal Donohoe told Reuters on Thursday.
Weiterlesen »
Some local Chinese governments face big pressure in safeguarding livelihoods: finance ministerSome local governments face relatively big pressure in safeguarding people's livelihood and wages, China's finance minister Liu Kun said on Friday on the sidelines of the meeting of the nation's parliament.
Weiterlesen »
Renault could disappear and must adapt: French finance ministerRenault could disappear if it does not get help very soon to cope with the fallout from the coronavirus crisis, France's Finance Minister Bruno Le Maire said on Friday, while adding the carmaker also needed to adapt to the situation.
Weiterlesen »