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Uncertainty surrounding Autumn round of Brexit talks

  • Ireland
  • General

13-09-2017

The EU and Irish economies are the healthiest they have been since the beginning of the economic downturn however it has been reported that Ministers are concerned the affect the Autumn Brexit negotiations will have on jobs, inflation and public finances in the UK.  The recovery in the other EU economies would normally be expected to benefit the UK, however, because of Brexit, growth in the UK and other EU economies are now moving in opposite directions according to a senior economic adviser at PriceWaterhouseCoopers. Eurozone GDP rose by 0.6% in the three months to June, twice as fast as the UK’s in the second quarter of 2017, underlining the currency bloc’s recovery from the depths of the Greek debt crisis. On an annual basis, the eurozone expanded by 2.3% during the quarter, compared with 1.7% in the UK.

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