A BRITISH exit from the European Union would have a negative impact on the economy in Ireland, according to a new survey.
83 per cent of respondents predicted negative consequences for Ireland, if the threatened exit goes ahead. Additionally, more than a third expected a British exit to happen within the next five years.
Amárach Research carried out a study of 350 senior executives on behalf of Merc Partners.
Small and medium enterprises and the agricultural sector were the two areas the senior executives predicted would be worst hit.
British Prime Minister David Cameron has promised a referendum on the country’s membership of the EU if his party is re-elected.
Despite this, two thirds of the respondents believe the exit could be a boost for Ireland – with the country becoming a more viable option to multinational investors.
The survey comes as the Irish Government urged Britain to stay in the EU this week.
Speaking in Edinburgh, Minister for Foreign Affairs and Trade Charlie Flanagan said both he and the Taoiseach are fully behind Britain’s membership of the EU.
