Where would a No vote for the ‘Fiscal Compact’ leave Ireland?
Apparently, according to economist Jim Power in today’s Irish Examiner, in a very odd place indeed: It is intended that 12 out of the 17 eurozone member states would be sufficient to ratify the treaty. It appears this will be achieved easily enough. Consequently, unlike the case with the Lisbon Treaty, if Ireland were to reject it in a referendum, that would not be sufficient to prevent it from becoming enshrined in EU law. The big question then is where …