United Ireland would cost €20 billion for 20 years, new study finds
United Ireland would cost €20 billion for 20 years, new study finds
Brexit, demographic change and political turmoil in Northern Ireland have left many wondering if reunification could come sooner than expected.
In their conclusions, the authors recommend Northern Ireland – which remains relatively poor and heavily reliant on public sector spending and employment – embark on major reforms to improve its residents' standard of living.
"Even though Ireland has a much higher national income, funding the needs of the people of Northern Ireland in a united Ireland would put huge financial pressure on the people of Ireland, resulting in an immediate major reduction in their living standards," the report says.
You're viewing a single thread.
Ireland runs a budget surplus and has the lowest debt since the financial crisis. They've never been better placed to take on this project.