Opinion John Drennan

Sunday 19 November 2017

John Drennan: Creighton warns of cash-flight risk

'We'll have to go round with a begging bowl if we reject treaty'

John Drennan

John Drennan

Ireland will be reduced to going around Europe with a "begging bowl" if the people vote 'No' in the fiscal compact referendum, the Minister for European Affairs, Lucinda Creighton, has warned.

In a searing attack on the 'No' campaign, she criticised the simplistic claims that "someone will lend us the €36bn we will need in 2014 and 2015 to fund our public services if we cannot return to the bond markets''.

Describing the Sinn Fein- led campaign as "stab-in-the-dark economic policies", she said its policy "would reduce us to going around Europe with a begging bowl".

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