Brexit will hit Ireland’s growth, says Paschal Donohoe

Minister for Public Expenditure, Paschal Donohoe, has confirmed Irish economic growth will be hit by the British decision to leave the EU — but he stopped short of fully ruling out a recession.

Amid the fallout of the referendum result, Taoiseach Enda Kenny looks set to break ranks with his European counterparts this week who want a quick British exit, by insisting London be given more time.

When leaders meet on Tuesday, he is set to express Ireland’s unhappiness at a meeting of six foreign ministers yesterday, as he wants Ireland central to any decision-making.