Oireachtas Joint and Select Committees

Tuesday, 10 March 2015

Joint Oireachtas Committee on European Union Affairs

Possible Exit of UK from European Union: Discussion (Resumed)

2:00 pm

Photo of Bernard DurkanBernard Durkan (Kildare North, Fine Gael) | Oireachtas source

The world is now a vastly different place from what it was when Britain and the other countries joined the European Union - particularly Britain and Ireland. Harking back to that era will raise some difficulties that have not yet been foreseen. Sir Bill Cash mentioned the financial services in the City of London. A number of economists and international experts in that regard have appeared before the committee. They do not hold his view on the willingness of the City of London to embrace exit from the Union with his enthusiasm.

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