Irish Government Fighting For Survival

Ireland’s government was fighting for its survival on Friday after the party propping it up announced plans to break their agreement because of the handling of a policing scandal.The domestic crisis has hit just weeks ahead of a key European Union summit on Britain’s plans to leave the EU, a large portion of which hinges on Irish issues.Prime Minister Leo Varadkar is due to play a major role in the Dec 14-15 summit, telling EU leaders whether Ireland believes sufficient progress has been made on the future border between Ireland and Britain’s province of Northern Ireland.It will be the only UK land border with the EU after Brexit.

Source: Irish government fighting for survival ahead of key EU summit – Reuters

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Craig Erlam

Craig Erlam

Senior Currency Analyst at OANDA
Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the Wall Street Journal and The Telegraph, and he also appears regularly as a guest commentator on networks including Sky News, Bloomberg, CNBC and BBC. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.