National debt hit €206bn last year

Fresh concerns have been raised over the economic impact of a no-deal Brexit, after it emerged that Ireland’s national debt is now so high that every person in this country owes €42,500.

National debt hit €206bn last year

Fresh concerns have been raised over the economic impact of a no-deal Brexit, after it emerged that Ireland’s national debt is now so high that every person in this country owes €42,500.

The Department of Finance confirmed the situation amid reports that the North may be forced to cull thousands of cows in a worst-case Brexit and as British prime minister Boris Johnson continues a stand-off with the EU.

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