The EC will allocate 920 million euros to Ireland in connection with the consequences of Brexit

 

The European Commission will provide Ireland with a package of financial assistance totaling 920 million euros in connection with the consequences of the UK's exit from the Community structures, reports The Irish Times.

"Brexit has had a negative impact on the lives of many people, and people in Ireland feel it the most," said Eliza Ferreira, European Commissioner for Reform and Cohesion.

The funding the country will receive in 2021-2023 is expected to help improve living standards and economic growth.

  The Irish government said in November that it was preparing an emergency plan if the United Kingdom implemented Article 16 of the Northern Ireland Protocol, which allowed it to unilaterally take the necessary measures to avoid serious negative consequences for the economy, society or the environment. Northern Ireland.

  The EU is pushing for the de facto customs border between Northern Ireland and Britain in the Irish Sea to be maintained in order to avoid uncontrolled imports of British products from Ulster to Ireland (a member of the European Union). The protocol ensures that the border on the island of Ireland must remain free of control in order to preserve the 1998 Belfast Agreement, which ended the armed confrontation between Protestants and Catholics in Ulster.