Irish reunification ‘could be worth €35.6 billion’

Posted by
marketing.newrytimes@gmail.com
Friday, November 20th, 2015
News
Sinn Féin Newry and Armagh MLA Conor Murphy has welcomed an independent study which shows that Irish Unity would be economically beneficial for both jurisdictions on the island. ireland8The study finds that reunification would increase GDP both north and south and bring some €35.6 billion Euro over eight years into the country. The Newry MLA said, “The report, “Modeling Irish unification,” produced by KLC – Consulting for Tomorrow, presents three unification scenarios, each with increasingly positive economic benefits for both the north and south of Ireland. “In every case, the authors concluded that political and economic unification would likely result in a sizable boost in economic outcomes and incomes in the North and a smaller boost in the South. “The most aggressive unification scenario estimates a boost in all island GDP of €35.6 billion Euro over eight years. In my view, this report is an important contribution to the debate on Irish Unity and is in line with the view held by Sinn Féin that a united Irish Economy will deliver economic growth and prosperity across this island. “While opponents often claim that we cannot afford to be united, the simple reality is that we cannot afford to be partitioned. The human price of partition is too high to pay. A united Ireland is achievable, affordable and deliverable. We would all be better off economically, socially and politically in a United Ireland,” he added.

Would you like to advertise your business on Newry Times and reach thousands of people every day? Contact the Newry Times office on 028 4062 6520 or email Paul: editor@newrytimes.com

Both comments and pings are currently closed.

Comments are closed

-->

This website does not share personal information with third parties nor do we store any information about your visit other than to analyze and optimize your content and reading experience through the use of cookies. You can turn off the use of cookies at anytime by changing your specific browser settings.

We are not responsible for republished content from this blog on other blogs or websites without our permission. This privacy policy is subject to change without notice and was last updated on 16/01/2017. If you have any questions feel free to contact Newry Times by emailing editor@newrytimes.com

Log in