Irish central bank warns of big hit to GDP growth if no-deal Brexit
Share:
DUBLIN (Reuters) - Ireland's central bank warned on Friday that a no-deal Brexit could knock as much as 4 percentage points off the Irish economy's growth rate in its first full year and by up to 6 percentage points over a decade. The "worst-case" Brexit scenario, presented alongside the central bank's official forecasts for 2019, would see British demand for Irish goods collapse while fresh falls in sterling weigh on the competitiveness of Irish exporters.Ireland's economy has been the best..