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FarCenter

(19,429 posts) Fri Jun 1, 2012, 06:04 PM Jun 2012

Irish voters back EU's new fiscal pact

Ireland's voters have agreed to ratify the European Union's new deficit-fighting treaty. The government expressed relief but saw little reason to celebrate.

Ireland passed the fiscal pact with a comfortable majority, according to the results of a referendum. Election officials on Friday said 60.3 percent had voted "yes" in the previous day's poll. The result was welcomed by Prime Minister Enda Kenny and his cabinet.

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Had voters rejected the pact, heavily-indebted Ireland could have been blocked from receiving new EU loans when its 2010 bailout money runs out next year. It also could have caused uproar elsewhere in Europe, where austerity programs have also caused anger among citizens. Ireland is the only member to put the treaty's ratification to a popular vote.

http://www.dw.de/dw/article/0,,15993389,00.html

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Irish voters back EU's new fiscal pact (Original Post) FarCenter Jun 2012 OP

Irish referendum endorses EU's fiscal treaty pampango Jun 2012 #1

pampango

(24,692 posts)

1. Irish referendum endorses EU's fiscal treaty

Reply to FarCenter (Original post)

Fri Jun 1, 2012, 06:15 PM

Jun 2012

Ireland has backed the EU’s new fiscal treaty with 60 percent of voters in Thursday’s referendum saying ‘yes’ to plans to rein in government budgets across Europe. Analysts said the 50 percent turnout was typical for an Irish referendum.

The Dublin parliament was the only one to put the proposals to a public vote.

‘Yes’ campaigners had argued that a rejection of the pact would hurt Ireland’s chances of attracting a second EU bailout, if required.

‘No’ campaigners said the outcome would not help ordinary Irish people, who are bearing the brunt of brutal spending cuts.

http://www.euronews.com/2012/06/01/irish-referendum-endorses-eu-s-fiscal-treaty/

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