A new study estimates a united Ireland would cost €8-20bn annually, with potential major reduction in living standards.
A new study by the Institute of International and European Affairs estimates that a united Ireland would cost between €8bn and €20bn annually, with ordinary taxpayers bearing the burden. The report suggests that unification would put significant financial pressure on Ireland, resulting in a major reduction in living standards. The most feasible solution would be for Northern Ireland to substantially change its economy, particularly in the educational sector, to narrow the gap between the north and south and raise its revenue substantially.
April 04, 2024
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