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Ireland and its good treatment of multinationals destroy Europe's economic statistics

Ireland and its good treatment of multinationals destroy Europe's economic statistics

Source Summary

The large presence of multinationals – particularly, North American pharmaceutical companies – in Ireland's economy inflates the country's weight compared to its European Union partners, to the point that the adaptation of these companies to the tariffs imposed by the United States government has led the entire European economy to register negative growth rates in the first quarter of this year.

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