“But why are prices so high in this country?” raised the questionIrish Independent Showing a hint of irritation. Housing loan, food, energy, “Ireland is one of the most expensive countries in the European Union”. More or less intertwined with Denmark, According to the latest Eurostat data published on June 21.
“The classic answer given in Leaving Cert economics textbooks [l’équivalent du bac], The Dublin Daily continues, Ireland has few natural resources and is a small, sparsely populated island located at the very end of the supply chain for the importation of raw materials or gas.
Journalist Charlie Weston agrees: Despite the growing share of renewables in the energy mix, Ireland’s dominant energy imports are expensive. Higher prices were passed on to other parts of the economy and to transport “Up to Cost of Production in Agriculture”. VAT was later revived at 23%, the highest rate in the continent.
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But other, less obvious reasons fuel the phenomenon, according to
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