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Country Reports

Ireland Country Report

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Risk Level

Low
Moderate
Elevated
High
Very High
Severe
Extreme

Overview

Executive Summary

The largely centrist Fine Gael minority government led by Leo Varadkar is currently supported by the main opposition party, Fianna Fáil. Their confidence-and-supply deal is valid until the next general election on 8 February 2020.It is unlikely that the upcoming election will have any major direct impact on corporate taxation levels or change the overall investor-friendly environment in Ireland. Neither Fine Gail nor Fianna Fáil would consider increasing corporate taxes, but the so-called "Double Irish" tax arrangement will be phased out by the end of 2020.The next government will continue to focus on Brexit risk-mitigation plans and negotiations with the UK bilaterally and through the European Union. A primary goal will be finalising a recent deal that avoids reinstatement of a hard border between Ireland and the UK region of Northern Ireland. That would contravene the Good Friday Agreement and would be likely to have disruptive consequences for cross-border trade and supply chains.Irish headline growth continues to be distorted by the activities of foreign multinationals, particularly movements of intellectual property products. Underlying economic activity has slowed but remains resilient, and in 2020 Ireland is likely to markedly outperform the eurozone average.Inflation is low, the labour market tight, and debt financing costs at record lows. These factors, together with the removal of the threat of a "no-deal" Brexit, will provide important support for the economy.
Last update: January 16, 2020

Operational Outlook

Ireland's business environment is efficient and the infrastructure network is reasonably well developed. Dublin and Cork in particular attract foreign investment. One disadvantage is that consumer prices are among the highest in the eurozone, undermining business competitiveness. Although the position of public-sector trade unions remains strong, barely any mass industrial action causing serious business disruption has taken place over recent years and private-sector unions have limited influence. Despite the widespread public perception that corruption is prevalent at the local level, corruption is not a hindrance to everyday business activities.

Last update: November 2, 2019

Terrorism

Moderate

Although there is no precedent of major jihadist activity, there is nonetheless a moderate risk of low-capability lone-actor attacks perpetrated by radicalised individuals sympathising with non-state armed groups such as the Islamic State. Jihadists may attempt to use Ireland as a staging post for attacks against the UK – regarded as a more high-profile target – because of the lower capabilities of Irish security forces and the current ease of travel between the countries. Similarly, there is a threat of dissident republican groups using Ireland as an operating base, but mainly to carry out attacks in the UK region of Northern Ireland.

Last update: November 2, 2019

Crime

Ireland is a major stopping point in the smuggling of narcotics to Europe, and internecine fighting between gangs involved in such activities has become noticeably more violent in recent years. Criminal gangs are now more able to diversify into activities formerly "reserved" for paramilitary groups. Brexit poses a risk to overall security along the Irish border with the UK region of Northern Ireland, although both the UK and Irish governments have made commitments to preserve the current arrangements. In the event of a "no-deal" Brexit, it is likely that border forces and police would be deployed along the border to maintain law and order, reducing the risk of border crime.

Last update: November 16, 2019

Social Stability

Moderate

Unrest causing business interruption lasting more than one day or asset damage remains unlikely in the coming months. Social and industrial relations are highly unlikely to deteriorate substantially, reducing the risk of mass protests or labour strikes. Austerity measures have led to large-scale protests in Dublin in the past, while protests against newly adopted water charges continued until 2016. These charges were suspended from June 2016 and are unlikely to be reinstated. The government's current public spending plans are likely to have an impact on keeping protest risks low.

Last update: November 2, 2019

Health Risk

Elevated

Vaccinations required to enter the country

No vaccinations are required to enter the country.

Routine Vaccinations

Hepatitis B: A vaccine is available for children at least two months old.

Diphtheria-Tetanus-Polio: A booster shot should be administered if necessary (once every ten years).

Other Vaccinations

For Children: All standard childhood immunizations should be up-to-date. In the case of a long stay, the BCG vaccine is recommended for children over one month and the MMR (measles-mumps-rubella) vaccine for children over nine months.

Last update: April 5, 2019

Natural Risks

Elevated

Many ferry services run between Ireland and the United Kingdom; delays and cancellations due to adverse weather conditions sometimes occur, particularly in winter months.

Adverse winter weather conditions have also been known to disrupt road and air travel.

Last update: April 5, 2019

Transportation

Low

Driving is on the left-hand side of the road, and the drivers' seat in local cars is on the right-hand side of the car. The road network is very well-maintained, except in the countryside where roads can be very narrow with poor lighting. Speed limits are 50 km/h (30 mph) in urban areas (with the exception of Dublin where a speed limit of 30 km/h [20 mph] has been introduced), 60-100 km/h (40-70 mph) outside urban areas according to road signs, and 110 km/h (70 mph) on highways. Traffic wardens are very strict about parking; it is advised to refer to the official Rules of the Road before driving in Ireland.

Public transportation is efficient and safe. Most major cities are well-served by an extensive bus network. Dublin has two train stations, Heuston Station and Connolly Station, each linking the capital to western/southern regions, and to northern regions (including Northern Ireland) respectively. Dublin International Airport (DUB), as well as Cork (ORK) and Shannon (SNN) airports, offer regular flights to most European and American cities throughout the year.

Dublin counts around 13,000 taxis; they all feature yellow "for hire" signage on the roof that reads "taxi" or "tacsi." Most of them are equipped with meters. Although it is considered safe to hail a taxi off the streets, it is recommended to book one in advance from a licensed taxi company.

Last update: April 5, 2019

Practical Information

Climate

Ireland has a typically oceanic climate, moderate and humid with frequent rain showers. Summers are mild and winters are rarely very cold (temperatures seldom fall below 0°C). During the winter months the country sees a lot of rain. July and August are the hottest months while May and June are the sunniest.

Useful Numbers

Country Code: +353
Police: 112 or 999
Fire Dept.: 112 or 999
Ambulance: 112 or 999

Electricity

Voltage: 230 V ~ 50 Hz

Outlets:

Last update: April 5, 2019