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Irexit Anyone?
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https:/ /www.ex press.c o.uk/ne ws/poli tics/14 55859/B rexit-n ews-Ire land-EU -UK-cor poratio n-tax-f oreign- direct- investm ent-lat est
how long will Ireland tolerate EUSSR bullying without their big mate to help?
how long will Ireland tolerate EUSSR bullying without their big mate to help?
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For more on marking an answer as the "Best Answer", please visit our FAQ.I think the party's over for the Celtic Tiger of yore, Ireland was able to attract a lot of foreign investment in the the past. Many U.S. companies—including Dell, Intel, and Gateway—were persuaded by the Irish to move some of their operations to Ireland because of its EU membership, low tax rates, government grants, and well educated, English-speaking workforce, but with the EU wanting to level things up of late, the Irish are beginning to squeal, whether they have the stomach for full independence & Irexit I don't know.
The smart move would be to align themselves with the UK but of course, history wont allow that.
The smart move would be to align themselves with the UK but of course, history wont allow that.
The choice for Ireland is quite straightforward. They can continue with their EU membership and simply remain as a minor player in the organisation. This will mean their advantages as a place for investment, principle among which is their low rates or corporation tax, will be whittled away. The EU doesn't like competition among its members; its very foundation is to protect each of them from competition from any of the others. The alternative is for them to leave the EU and strike out on their own, possibly in collaboration with the UK. There is no need for history to draw this down.
One thing's for sure: if they remain in the EU the "Celtic Tiger" will become a timid kitten.
One thing's for sure: if they remain in the EU the "Celtic Tiger" will become a timid kitten.
//I don't remember when there ever was a "celtic tiger".//
It's what they liked to be referred to in the nineties and noughties, Tora. They underwent rapid economic growth fuelled mainly by foreign investment encouraged by their low corporation tax rates. That and €billions of EU money, much provided by the UK. Came to a crashing end in 2008.
It's what they liked to be referred to in the nineties and noughties, Tora. They underwent rapid economic growth fuelled mainly by foreign investment encouraged by their low corporation tax rates. That and €billions of EU money, much provided by the UK. Came to a crashing end in 2008.
ich; I guess you are too young to understand just how poor the Republic was pre 1990s, we travelled throughout it frequently.
Returning in the early 2000s it had undergone an astonishing change to affluence largely due EU taxpayers money, low tax rates & cheap property prices . It started to collapse big time in 2008, manged to carry on because of the conditions I've said before at 16:03.
As you know, I'm no fan of the EU. but I don't blame them for calling in the debt; "trouble in paradise" indeed.
Returning in the early 2000s it had undergone an astonishing change to affluence largely due EU taxpayers money, low tax rates & cheap property prices . It started to collapse big time in 2008, manged to carry on because of the conditions I've said before at 16:03.
As you know, I'm no fan of the EU. but I don't blame them for calling in the debt; "trouble in paradise" indeed.