Ireland has voted and given their approval to the European fiscal pact, in a referendum that was closely watched the averting of a possible setback to the key element of Chancellor Merkel‘s plan on fighting the euro crisis. Although analysts say this is a sign of support for Europe and the single currency, they point out that Ireland still has more serious problems to worry about.
The Irish foolishly took this decision with their eyes closed. We have all seen the trouble in Greece and Spain, the only country thus far that has found the correct solution is Iceland. Why did they not see this why did they double down on a failing currency and an idea that has seen its time pass?
Declan Ganley, a prominent Irish euroskeptic and leader of the Libertas political party, admitted defeat for the “no
View original post 619 more words