Joint study points to evidence that unification is affordable
The cost of paying for unification would be €3 billion in the first year and the need for a subvention from theThe cost of unification given in the report takes into account transfers from the Treasury in Whitehall, along with the cost of bringing wages and pensions in
‘People don’t care that much’: Frustrated sighs audible as students asked the ‘British or Irish’ questionBringing wages for public sector workers in the North into line with their better-paid equivalents in the Republic would cost taxpayers an extra €152 million per annum for 15 years. “If Northern Ireland replicates growth of the best Eastern European economies between 2000 and 2023, its gross national income would reach the same level as the Republic in 25 years, but the fiscal deficit would end in year five,” says the report.
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