(29/4/12)The awkwardly-entitled Thirtieth Amendment to the Constitution (Treaty on Stability, Coordination and Governance in the Economic and Monetary Union) Bill won Seanad approval on Tuesday without a vote after a two-day debate, having already been approved by the Dáil the previous Friday by a hefty 93 votes to 21.
I have published some comments on what is happening, which you will find in the Business and Finance online edition here at http://www.businessandfinance.ie/bf/2010/1/commanalapr12/arrivingataconclusion
Among the issues I comment on are
– the signs (in some respects, worrying signs, from a Government perspective) emanating from opinion polls regarding the draft measure’s chances of survival beyond the 31 May referendum, and reasons why we need to be sceptical about such indications;
– the position of the Irish trade union movement;
– Recital 25 of the Treaty’s preamble and non-access to the European Stability Mechanism if we vote ‘no’;
– the euro zone’s likely future.