How Ireland Pulled the EU into a Recession @TLDRnewsEU
How Ireland Pulled the EU into a Recession  @TLDRnewsEU
Uploaded June 2026 | Updated September 2026, 3 weeks ago
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The latest EU GDP figures are showing that the EU economy has shrank, all thanks to Ireland, with its latest GDP figures showing contraction of over 12%. In this video, we're taking a look at the numbers and how Ireland might've single-handedly pulled the EU into a recession.

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Sources
Eurostat data
https://ec.europa.eu/eurostat/en/web/products-euro-indicators/w/2-05062026-ap
https://ec.europa.eu/eurostat/web/products-euro-indicators/w/2-13052026-ap
https://ec.europa.eu/eurostat/web/products-euro-indicators/w/2-30042026-bp

Ireland tax rate data
en.wikipedia.org/wiki/List_of_countries_by_tax_rates

How big pharma uses Ireland to avoid US tax
https://x.com/Brad_Setser/status/2063311009998057690
cfr.org/articles/time-end-roundtripping-big-pharma
https://x.com/Brad_Setser/status/2063309913028256075/photo/1

Ireland GDP data
https://x.com/DanielKral1/status/2062488709182726186/photo/1
tradingeconomics.com/ireland/gdp-growth
abnamro.com/research/en/our-research/global-outlook-2026-eurozone-external-environment-rough-will-europe-step-up

Trump’s tariffs
bbc.co.uk/news/articles/czjerwk9d32o
irishtimes.com/business/economy/2026/04/03/trump-announces-100-tariff-on-some-patented-medicines

00:00 - How Ireland Pulled the EU into a Recession
07:22 - Too Long
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How Ireland Pulled the EU into a Recession

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