Seanad debates

Wednesday, 14 March 2012

Treaty on Stability, Coordination and Governance in the Economic and Monetary Union: Statements

 

10:30 am

Photo of Sean BarrettSean Barrett (Independent)

-----and that what was done was crazy. Ireland was actually doing well - we had a lower debt-to-GDP ratio than Germany - before we were hit by the tsunami of the banking crisis, which was down to the faulty design of the euro. That is the crucial point.

While Senator van Turnhout was speaking, I came across an article entitled, "Fiscal compact treaty: why I am voting "maybe"", by Professor Brian Lucey of Trinity College Dublin.

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