Bank of America Merrill Lynch has relocated its main EU banking arm from London to Dublin, months ahead of the earliest possible date of the UK’s exit from the EU. They are one of the first banks to take such steps to deal with the uncertainty looming over Brexit. The bank merged the London location,Read more..
Posts Tagged ‘Brexit’
As other western countries are endorsing populist agendas on tightening immigration policy, Ireland is voicing its opposition to such restrictions, overwhelmingly in favor of reinstating birthright citizenship. A Sunday Times poll found that 71 percent favored birthright citizenship, while 19 percent were opposed and 10 percent undecided. Three days later, a proposal on the matterRead more..
In his second budget as Minister of Finance Pascal Donohue in the Dail on October 9, spending plans totaling €66.5bn for the coming year. €59.3bn of that will be on current expenditure and €7.3bn on Capital spending. He opened his speech by calling Brexit the “economic and diplomatic challenge of our generation.” He said thatRead more..
The Irish Consulate in New York hosted a reception on Wednesday, September 26, on the occasion of the visit to New York for UN Week by the Tánaiste and Minister for Foreign Affairs Simon Coveney, T.D., and Minister Ciarán Cannon, TD, Minister of State at the Department of Foreign Affairs and Trade, with special responsibility forRead more..
The Tánaiste and the Irish Department of Foreign Affairs and Trade launched a new website in February that seeks to keep interested citizens informed of the government’s Brexit negotiations and what the departure of the U.K. will mean for the Republic of Ireland going forward. “This website provides a resource to learn about the work the government is undertakingRead more..
The Republic of Ireland and the U.K. reached a deal in early December assuring Ireland that there would be no hard border on the island after Britain leaves the E.U., allowing Brexit negotiations to move on to phase two. Previously, president of the European Council Donald Tusk said Ireland, as an E.U. member state, would beRead more..
Bank of America Merrill Lynch is just one of the many international institutions emigrating from London to Dublin in the wake of 2016’s Brexit vote. With the United Kingdom no longer holding E.U. membership status, 12 major firms have unveiled their intention to establish their head European offices in the Irish capital, the Irish DevelopmentRead more..
Despite the fact that the deadline for the completion of the U.K. withdrawal from the European Union is two years away, U.K. companies are already registering in Ireland to shore up contingency plans to remain part of the E.U. market. According to statements made by Northern Irish member of parliament Stephen Kelly to the NorthernRead more..
“At a time of immense challenge in Ireland, in Europe, and in the United States, it is important that we draw on the perspective of memory, steady ourselves with reflection, and think boldly about the future.” – Ambassador Anne Anderson ℘℘℘ At home and abroad, the 1916 commemorations resonated beyond our greatest expectations, with moreRead more..
In June, the United Kingdom officially passed the referendum to end its membership with the European Union. A slim 51.9 percent majority voted in accordance with the “Leave” campaign, while 49.1 percent voted to remain. Statistics have shown that the majority of the Leave votes came from polling stations in Wales and rural England, whereasRead more..