Brexit supporters ‘are sleepwalking into danger’

The chief executive of the largest Irish company operating in the UK has warned those campaigning for Britain to leave the EU that they are “sleepwalking into a very dangerous place”, adding that a Brexit would be “very, very bad for the Irish, European, and world economies”.

Brexit supporters ‘are sleepwalking into danger’

Addressing a Dublin Chamber business briefing on the subject of Brexit yesterday morning, Greencore CEO Patrick Coveney said he expects a Brexit to happen and for it to harm Ireland the most among UK neighbours, while both the euro and sterling will suffer too.

“Britain has been an enormous force for good for some of the developments of the EU that most helped Ireland and most helped the EU. One of them is enlargement and the second is the focus on the single market. This idea of a general move to an ever closer movement is not there — the EU is as close as it is ever going to be. The relationship is becoming much more focused on trade,” he said.

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