Irish deputy governor warns hard Brexit is ‘entirely plausible’

Dublin
Dublin is one possible location for financial firms looking to move to the EU post-Brexit

The UK may leave the European Union in a “hard Brexit” without any transitional arrangements to maintain its current level of access to the single market, one of the Irish central bank’s deputy governors has warned.

“It is entirely plausible that there will be a ‘hard’ Brexit, with no transition period,” Ed Sibley said in a speech in Dublin on October 17. Ireland’s economy is the most closely linked to the UK’s of any EU member state.

Sibley’s speech seems to indicate the Irish central bank is

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