Friday, December 15, 2017
News: Page (1) of 1 - 05/11/12 Email this story to a friend. email article Print this page (Article printing at page facebook
Irish pose next democratic test for EU austerity
Democracy vs. austerity: Will Irish vote deal mortal blow to Europe's deficit-fighting treaty?
By The Associated Press

DUBLIN (AP) ' When voters in Greece and France got the chance, they dealt a resounding "No!" to parties backing austerity measures. The Irish could be next to give the European Union's austerity plan a black eye.

A May 31 referendum here asks the public to approve an EU treaty that aims to control nations' deficits and longer-term debts. Critics, however, say the treaty ignores the competing need to stimulate growth.

Ireland is the only EU member putting the agreement to a national vote.

Analysts say an Irish rejection of the treaty, combined with Francois Hollande's victory as France's president and a hard-left turn in Greece's parliamentary elections, could force the continent to shift in favor of less cutting and greater investment in growth.

Page: 1


Our Privacy Policy --- About The U.S. Daily News - Contact Us - Advertise With Us - Privacy Guidelines