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Irish politicians are particularly worried about Luxembourg and Amsterdam in this regard. Call it a loss leader promotion. I have no doubt the EU will ultimately clamp down on all "brass plate" operations. The key is to get your foot in the door, and then gradually tighten the screw if I might mix all sorts of metaphors.
My point is that any staff migration will be gradual and incremental and won't unduly stress infrastructures which are in the process of being upgraded anyway. The Irish building industry is gradually building up to boom volumes from a low base.
10,000 additional jobs in a city of over a million isn't a drop in the ocean, but it isn't transformative either.
Index of Frank's Diaries
The study assumed 10,000 bankers relocating to Frankfurt.
The conservative scenario "guessed" that 11,000 additional jobs would be created in Frankfurt alone and an additional 14,000 in the Rhein-Main region.
The optimistic scenario was 24,000 jobs in Frankfurt and an additional 50,000 in the region.
That of course depends on which jobs are relocated. Do the families move as well? In which time period? And so on...
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