United Ireland would cost €20 billion for 20 years, new study finds (www.euronews.com)

submitted 7 months ago by HowRu68@lemmy.world to c/europe@feddit.de

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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.

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[-] zakobjoa@lemmy.world 17 points 7 months ago

There aren't that many jobs attached to those headquarters, they're mostly there on paper. It's mostly about the taxes, which, although comparatively low, amount to a lot of revenue for the State.

[-] erwan@lemmy.ml 3 points 7 months ago

That might be true for Luxembourg but not for Ireland.

All US big techs have pretty big hubs in Dublin, with engineers.

this post was submitted on 06 Apr 2024

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