Irish Referendum to be held on EU Fiscal Treaty

[Urbanguerrilla]

And if they dont get it right first time...they can always be made vote again

Taoiseach (Prime Minister) Enda Kenny has told the Dáil that a referendum will be held on the Fiscal Stability Treaty, following advice from the Attorney General.

Mr Kenny said it would be in Ireland's interest if it was approved, saying it would be an important step in rebuilding the economy and our reputation.

It will also be an opportunity to reaffirm Ireland's commitment to membership of the euro, he said.

Opposition spokesman Sinn Féin leader Gerry Adams said he welcomed the announcement, but said it marked a failure for the Government because he said the Coalition wanted to avoid such a vote.

He said it was an austerity treaty, will not help recovery and will condemn people to austerity.

 

[Urbanguerrilla]

And if they dont get it right first time...they can always be made vote again

Taoiseach (Prime Minister) Enda Kenny has told the Dáil that a referendum will be held on the Fiscal Stability Treaty, following advice from the Attorney General.

Mr Kenny said it would be in Ireland's interest if it was approved, saying it would be an important step in rebuilding the economy and our reputation.

It will also be an opportunity to reaffirm Ireland's commitment to membership of the euro, he said.

Opposition spokesman Sinn Féin leader Gerry Adams said he welcomed the announcement, but said it marked a failure for the Government because he said the Coalition wanted to avoid such a vote.

He said it was an austerity treaty, will not help recovery and will condemn people to austerity.

Interesting quote from the Lombard Research report [http://pvv.nl/images/stories/Netherlands_and_the_Euro_-_Full_Report_Final.pdf] wrt Ireland:

The Irish may have been able to deflate their economy by 20% and finally see the possibility of getting their debt situation under control. But the Irish were 25% richer than the Germans, French and British in 2007, so they have merely fallen back to join their peers. Their government debt was negligible then, and the budget in surplus. Their labour costs were, and are, undervalued, not grossly overvalued like Greece’s. And exports are 100% of GDP, so that cost competitiveness translates quickly into a major demand boost relative to GDP. EU Referendum: Dutch eurodoom

 

[Urbanguerrilla]

Min. Noonan just announced, in Dail, deal on 3.1 Billion Promissory Note

On his feet in the last few minutes, thus no link as of yet, Irish Minister for Finance, Michael Noonan, has just announced that the 3.1 Billion repayment to refinance Anglo is not to be paid out. The Minister said that it will be paid with a, yet to be agreed, long term Government bond instead, the details of which have yet to be announded. He also intimated that there has been a huge progress in negotiating the remainder of the Promissory Notes.

A small screed of good news at last

 

[Pilar]

ray of hope?

 

[editec]

The banksters FLEECED Western civilization.

Now all they have to do is keep a lid on the ire of the population as the inevitable austerity (that must come after such a grand scale SWINDLE) comes into play.

 

[Urbanguerrilla]

The banksters FLEECED Western civilization.

Now all they have to do is keep a lid on the ire of the population as the inevitable austerity (that must come after such a grand scale SWINDLE) comes into play.

Well the moment is at hand, the Irish refurendum on the Fiscal treaty is on tomorrow 31/5/12.

For those with little knowledge how they will vote, this nice vid has been produced:

Vote Yes for Fiscal Compact Treaty (Ireland) Yes for Jobs

 

[Jos]

And if they dont get it right first time...they can always be made vote again

.

 

[Urbanguerrilla]

And if they dont get it right first time...they can always be made vote again

.

Well, all the fun and games are over *sigh* what the fukk am I gonna do with all my time now?

It was a 60% Yes to accept the Treaty - Frau Merkle will be pleased