Following confirmation that the German Socialist Democratic Party want to delay ratification of the Fiscal Compact until at least mid-June; Independent TD for Tipperary South Mattie McGrath has called on the Irish Government to extend the same courtesy to the Irish people. As the vote in the Bundestag requires a two-thirds majority for approval, a postponement is virtually certain to happen.
“If parliamentarians in Germany think it prudent to wait until the outcome of the elections for France’s National Assembly in order to see what emerges from the new French administration with regard to the terms of the Treaty before they vote on it, I think that the Irish people deserve the same time extension in order to have all the information to hand before making their decision on the Treaty.” Said McGrath
“Irish People must be allowed to wait and see if Francois Hollande’s demand for growth-boosting measures is included in the pact before they make such a crucial decision. I think it would be utter folly to go ahead with a vote at this time while situations are so volatile in Europe and with all of the associated costs of a referendum when we may be forced to have another vote later on in the year,” he said.