Crisis giving ‘exceptional’ boost for Irish exporters

The Greek crisis is providing a further “exceptional” boost to Irish exporters and the economy, but the outlook remains clouded by the uncertainty of the UK referendum vote on whether it turns its back on Europe, the head of the Irish Exporters has predicted.

Simon McKeever said the weakness of the euro is helping Irish exporters as companies selling into Britain tap the most competitive exchange rate for 10 years.

“We have seen about a 20% drop of the euro against the dollar and about a 12% drop against sterling in the past year,” he said.