The Mudcat Café TM
Thread #165570 Message #3980546
Posted By: Iains
06-Mar-19 - 11:12 AM
Thread Name: BS: Brexit #3: A futile gesture?
Subject: RE: BS: Brexit #3: A futile gesture?
Germany’s prestigious IFO Institut has crunched the numbers on the economic impact of no deal on 44 countries and predicted that Ireland would be hit three times harder than the UK by a no-deal Brexit, taking a massive 8.16% hit to their economy. Guido hears that Ireland has been the main EU27 country holding out against any reference to the UK’s basic Vienna Convention treaty rights over the backstop.
I stated this some months back and was laughed at.
It is not a situation for anyone to laugh over. Ireland's intransigence will create no winners, just losers.