"Of all the things that could happen to an Irish government short of the outbreak of war, this is pretty much up there with the worst of them," wrote The Irish Times, the republic's main newspaper, as the world woke up to the "Brexit nightmare" on Friday morning.
"Ever since David Cameron announced that he would hold a referendum back in 2012, Irish officials have regarded the prospect of a British exit from the EU as the worst thing that could happen [to Ireland]," the paper wrote. "[Irish PM] Kenny now faces leading Ireland through a period of difficulty and uncertainty unprecedented in the last 50 years, more complex and unpredictable than the recent financial crisis, more destabilising the Northern Troubles."
The UK is Ireland's biggest trading partner. One billion euros worth of goods flow freely across the Irish Sea each week, tariff-free because both countries are in the European Union. If the UK leaves the EU while the Republic of Ireland stays in, customs duties will have to be imposed on that trade. That is, unless the UK joins the EEA, but I've written before on why that is unlikely.
"Ever since David Cameron announced that he would hold a referendum back in 2012, Irish officials have regarded the prospect of a British exit from the EU as the worst thing that could happen [to Ireland]," the paper wrote. "[Irish PM] Kenny now faces leading Ireland through a period of difficulty and uncertainty unprecedented in the last 50 years, more complex and unpredictable than the recent financial crisis, more destabilising the Northern Troubles."
The UK is Ireland's biggest trading partner. One billion euros worth of goods flow freely across the Irish Sea each week, tariff-free because both countries are in the European Union. If the UK leaves the EU while the Republic of Ireland stays in, customs duties will have to be imposed on that trade. That is, unless the UK joins the EEA, but I've written before on why that is unlikely.




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