European Commission draws aid package for Ireland - The Times

Market news

22 July 2019

European Commission draws aid package for Ireland - The Times

The European Commission is drawing up a multibillion pound aid package for Ireland to offset the economic damage of a no-deal Brexit, The Times reported on Monday

The bloc would "spend whatever was necessary" to support the Irish government through any disruption of trade, The Times said, citing a senior EU diplomat.

The report did not specify the exact the amount of the aid package. Britain is currently due to leave the European Union on October 31.

NIESR says that Brexit may have already pushed the economy into a recession

UK leadership battle culminates on Tuesday – Danske Bank

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