Sinn Féin Councillor Martin Kenny has said the Stability Treaty “will not bring stability or certainty” to Ireland.
Cllr Kenny claimed the Treaty will give constitutional protection to the type of policies being pursued by Angela Merkel, which are now being rejected by serious politicians across the EU.
“It is clear that Fine Gael and Labour are on the wrong side of this debate and are fast being left behind by events across Europe. If this treaty was being put together today it would be totally different to what we are being asked to vote on, even the senior people in the EU commission have admitted this. Circumstances are changing every day, yet we are being asked to put this binding policy of austerity into our constitution,” he said.
“The question most people are asking themselves is; how will this Treaty affect them and their families, what will it mean for the country in the future?
“I would urge voters to look beyond the Government’s threats and at the actual content of the Treaty.”
Cllr Kenny said there were not postive benefits to supporting this Treaty.
“The Treaty will mean more austerity in the future. This will lead to more unemployment and emigration. It will cost an extra €6 billion in cutbacks and tax hikes. It will also see more powers being handed over to the European commission and European Court of Justice,” he clamed.
“This Treaty is a bad deal for Ireland and for Europe. We need a change of direction. We need solutions that are going to work. We need investment in jobs. Be positive, vote ‘No’ on May 31st.”