People’s Movement Calls for the Government to Abandon Treaty Referendum

The elections in both Greece and France last weekend have witnessed a resounding rejection of austerity. These results coupled with news last night that Angela Merkel has been forced to postpone 'fiskalpakt' ratification under pressure from parliament, illustrate that the European Union’s intended ‘Austerity Treaty’ is coming away at the seams.

Speaking this morning, the People’s Movement’s Frank Keoghan called on the government to abandon the May 31st referendum.

Mr. Keoghan said “we will be voting to qualify to draw funds from the European Stability Mechanism (ESM), it has not been ratified nor will it ever be ratified. Court cases are pending in Germany, Estonia and Thomas Pringle TD’s case here in Ireland too. These cases are all questioning the constitutional validity of the ESM or the fiscal treaty. We in the People’s Movement are calling for proper time to be given to consider the implication of these challenges and our financial commitment of €11.1 billion to the ESM.”

The People’s Movement is calling for a No Vote on May 31st, if ratified, this treaty promises permanent austerity.