Thursday, 3 May 2012
Sinn Fein: Ireland should block the ESM fund
Sinn Fein has said that Ireland should use its trump card - and veto the establishment of the new European bailout fund the ESM.
The party said that blocking the fund would force European authorities to re-negotiate the fiscal treaty.
But the independent chairman of the referendum commission Judge Kevin Feeney says the government has already decided that its not going to veto the fund:
"It is theoretically possible that the Dáil and Senate might refuse it…I do know what the government has is a majority and it is highly likely that it will be passed through the Dáil and the Senate".
Read more: http://www.breakingnews.ie/ireland/sinn-fein-ireland-should-block-the-esm-fund-550155.html#ixzz1tqeu20yf