Ireland is likely to face immense pressure from the EU to dramatically increase funds it provides to the EU after the departure of the UK.
The UK currently provides over 10% of the EU’s budget, despite never having been a member of the eurozone. Once Brexit takes place however this multi-billion-euro blackhole will need to be filled by other EU states.
Ireland is a net contributor to the EU and Brussels is likely to demand hundreds of millions more per annum post Brexit.
To make Ireland’s situation worse five EU states Holland, Finland, Sweden, Austria and Denmark have already refused to make up for the EU’s loss from Brexit.
This coupled with the fact that several other EU members states such as Poland have still not yet moved from Net benefactor to Net contributor as was expected, will see massive pressure on the Irish taxpayer to keep the Brussels elite flush.