The UK’s withdrawal from the Single Market represents a substantive change for the Irish economy, re ecting the historical interconnectedness between Ireland and the UK. The UK is Ireland’s third largest goods export destination and is an important destination for products relating to food and agriculture.
We are working very intensely to meet this deadline, together with the national competent authorities in all euro area countries. In order to ensure a clean and sound start, the ECB has also designed a comprehensive assessment to restore the health of the banking sector and confidence in it.