Monday, July 18, 2016

Ireland Pins Growth Plan on U.S. Companies

Ireland Pins Growth Plan on U.S. Companies

State body charged with attracting foreign investment targets old faithful to help it through potential crisis

Close economic partners of the U.K. have braced for a wave of possible fallouts after British voters sided with leaving the European Union: fewer of their workers in the U.K. and lower exports of machines and luxury cars, among other threats.
But no country has more at stake than Ireland, whose economy is connected to the U.K. in unusually intimate ways. So in the wake of Brexit, Ireland is eyeing similarly close relations across the Atlantic—with corporate America.