Ireland will hold a constitutional referendum on the European Union's proposed fiscal pact, Prime Minister Enda Kenny told parliament on Tuesday.Acting on the attorney general's advice, "the government has decided to hold a referendum on this issue in which the people of Ireland will be asked to give their authorisation for the ratification of this treaty", Kenny said.The referendum will be watched closely by Ireland's EU partners, as Ireland has sent shockwaves through the bloc in the past by initially rejecting two treaties before passing both in second votes.
Votes were being counted Friday in Ireland's referendum on a key EU pact designed to shore up the eurozone, with opinion polls putting the "yes" camp ahead but low turnout suggesting the result may be close.Ireland is the only country holding a national referendum on the fiscal pact, which all 27 EU members have signed except Britain and the Czech Republic, and the result will be closely watched around the continent.
Ireland is to vote in a referendum on a key EU pact designed to shore up the troubled eurozone, amid signs that a clear majority will vote to approve it.In the only referendum expected on the fiscal pact, which all 27 EU members have signed except Britain and the Czech Republic, polling stations were due to open at 7:00 a.m. (0600 GMT) and close at 10:00 p.m., on Thursday.
Spain takes a giant step towards a full-blown constitutional crisis as Catalans overwhelmingly elect candidates promising a break-up vote.
Catalonia has delivered a sweeping mandate to political parties pledging to hold a referendum on independence in elections that place the northern Spanish region on a collision course with Madrid.
A day after Irish voters backed a European Union fiscal pact, German Chancellor Angela Merkel on Saturday called on her political opponents to do the same so Germany too could ratify the measure.In a speech to her party members, Merkel welcomed the Irish referendum result and said Germany should adopt the fiscal pact before summer holidays.
Yesterday, various news agencies reported that Hungary opted out of the treaty while Sweden and Czech Republic remained "undecided". However, the latest spin is that Hungary did not opt out yet and the gang of 26 will forge ahead without the UK.
UK the "Big Loser" Having Fallen into "French Trap"?
Conditions at the EU summit are breaking down more than expected thanks to a position taken by Italian Prime Minister Mario Monti. Acting like a spoiled brat in a game of marbles, Monti refuses to let anyone else play unless he gets the big green marble he wants.
In less colorful terms, Bloomberg explains Monti Withholds EU Growth Pact Approval Unless He Gets Interest Rate Relief.