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‘Initial Brexit shock for Ireland has been contained’ – Noonan

The initial shock from the UK’s Brexit vote has been contained for Ireland, Finance Minister Michael Noonan has said.

At the opening of the National Economic Dialogue, Mr Noonan said there was “no sense of panic” here.

“The NTMA are quite happy that they can fully fund the country,” Mr Noonan said.

Taoiseach Enda Kenny said he was “saddened and disappointed” by the outcome of the vote, but that he respected it.

He said there would be no impact on the available fiscal space for Budget 2017.

But he said the outlook for the medium term was more uncertain.

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