Monday 19 March 2018

Gilmore: Hollande's win is sign of growth agenda

TANAISTE Eamon Gilmore last night said the election of Francois Hollande will "accelerate" a growth agenda in Europe, writes Fiach Kelly.

Mr Gilmore travelled to Paris for Mr Hollande's victory party, as Labour are sister parties with the French socialists. But the Tanaiste rejected claims by No campaigners in the fiscal treaty referendum that a vote against the treaty would strengthen a backlash against austerity policies across Europe.

He said Mr Hollande made it "clear" budgetary discipline was needed to get Europe's economies back on track.

"You can't have economic growth unless you also have stability, but neither can you have stability without growth," Mr Gilmore said.

"It is clear that, with the election of Mr Hollande, there is a growing number of allies in Europe who share this view."

Fianna Fail leader Micheal Martin also welcomed Mr Hollande's victory. "His election follows a series of developments in recent weeks marking a decisive shift towards a new growth and investment agenda for the Union," Mr Martin said.

Dublin Socialist Party MEP Paul Murphy said: "Given Francois Hollande's promise that 'the treaty, as is, will not be ratified', his victory puts the Irish people in a unique position.

"This treaty is now on extremely shaky foundations, with the new French president saying he won't ratify it, as is, and the Dutch government still looking unlikely to be able to ratify it.

"With a No vote on 31 May, people in Ireland can add to the momentum against this attempt to write austerity into law."

Hollande triumphs: P16, 18, 19, 20, 21

Irish Independent

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