In the midst of all the media bluster about billions and bailouts, the most fundamental consequence of adopting the Fiscal Treaty into law is being ignored; namely the threat the Treaty poses to democracy.
The Irish political establishment are desperately spinning a new story line – that they were for growth all along and that they welcome the election of Hollande in France.
They claim that Hollande has only demanded an additional item or a protocol to the Fiscal Treaty which would encompass growth.
This is a lie because Hollande explicitly said, “he will re-negotiate the treaty on budgetary discipline not only for France, but for the whole of Europe," during a campaign speech in Paris on Saturday (17 March), adding that the pact focuses on austerity only and does little to spur economic growth.
Most Commented