Third, I will outline the structure of the Irish economy and discuss some of the more macroeconomic aspects to the departure of the UK. I will highlight some of the channels through which a no-deal/no-transition outcome would affect the economy here in Ireland. Finally, I will conclude with some thoughts on life after the UK’s exit for European authorities.
And this is the point the ECB has reached with the Governing Council’s decision to initiate purchases of asset-backed securities (ABS) and covered bonds.