Ireland in ‘frontline’ as Brexit fear sparks sell-off

Ireland is the country most exposed to an economic fallout, if the UK were to vote to exit the EU in less than two weeks, S&P Global Ratings has said.

The economies of Ireland, along with Luxembourg, Malta and Cyprus, are in the “frontline” to face the “aftershock” of a Brexit vote, said S&P Global — the new name for Standard & Poor’s .

The warning comes as European shares suffered a sharp sell-off yesterday, partly reflecting the increased risk that the UK will vote to exit the EU in its referendum on June 23.