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Press Release: The People’s Movement Launch Campaign for a No Vote
national |
eu |
press release
Thursday May 17, 2012 16:25 by People's Movement
The People’s Movement launched their campaign for a No Vote in the upcoming Fiscal Treaty at a press conference today in the Shelbourne Hotel, Dublin. Speaking at the launch, Thomas Pringle TD outlined the inadequacy of the European Stability Mechanism (ESM), saying it would “sign-up the Irish people to the biggest socialisation of bank debt across Europe. Article 15 of the ESM states that ‘The ESM may decide to grant loans for the specific purpose of recapitalisation of the financial institutions of the ESM member’. Why the Government wants to sign us up to the biggest socialisation of bank debt across Europe is a mystery to me.” |
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