No deal Brexit back as a risk for Irish economy - finance minister
Reuters
Published May 22, 2020 11:39
DUBLIN (Reuters) - 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 (Brexit) 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."
Get The App
Written By: Reuters
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.