A no-deal Brexit will lead to job losses, lower wages and higher prices in shops.
The ESRI’s warning that no matter how Britain leaves the EU, it’ll have a negative impact on the Irish economy.
But if they leave with no deal, there’ll be a 4.8 per cent hit to the economy over the next decade – and 80 thousand people could lose their jobs.
ESRI Senior Research Officer, Dr. Adele Bergin, says a disorderly no-deal would also be bad for trade:
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