Opening Bell: Ireland and Germany clash over Brexit, Kenny ends campaigning, Poundland's big Irish plans

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Minister for Finance Michael Noonan has disagreed with the stance his German counterpart Wolfgang Schäuble has taken on Brexit.

German's federal minister of finance has insisted that, if the UK votes to leave the EU next week, it will be locked out of the common trade area.

Noonan, meanwhile, is pushing for Britain to remain in the single market should a Brexit come to pass.

Speaking to the Irish Independent in Luxembourg, he said:
"What Mr Schäuble says is legally and technically correct, but I don't think it is the end position."


The Finance Minister has also suggested that the European Commission's ruling on the Apple case could arrive next month. 

Michael Noonan told the Irish Independent that the Government has no firm information on the much-anticipated decision, but "speculation and rumour" suggests it will come in July.

The case is looking at the tax arrangement Apple currently has with Ireland, amid accusations in Brussels that it gives the tech giant an advantage that amounted to state aid. Noonan has long argued that Ireland has done nothing wrong and a negative decision would be fought in the courts. 


Poundland has announced that its capital investment for this financial year will top €32m and most of that will be pumped into its Irish operations.

The British discount retailer - which operates as Dealz in Ireland - is planning aggressive expansion in this market. The company is set to open 20-30 new stores, primarily in the Republic of Ireland.

Dealz set up business in Ireland five years ago and currentlly has 53 stores her. The company is also set to get an Irish feel at the top, with Dubliner Kevin O'Byrne set tot take over as CEO next month.


Taoiseach Enda Kenny has cut short his Brexit campaigning in the UK, following the fatal shooting of Labour MP Jo Cox on Thursday afternoon.

Visiting St Michael's Irish Centre in Liverpool yesterday, Kenny strongly condemned the shocking attack on the mother-of-two:

"I have heard about the shooting and the stabbing of Jo Cox in West Yorkshire. This is an appalling crime on a public representative going about her duty, a mother of two young children."

While Kenny will fulfill his remaining engagements during his two-day trip, he will not speak on the UK referendum as the country pulls back on all Brexit campaigning.

On Thursday morning, Kenny told an audience that June 23rd was the most important vote they would cast in half a century.