Dukes predicts EU compact will fail

The fiscal compact will “fall apart” within two years because the EU’s strongest member states will gradually reject the austerity demands it places on them, Alan Dukes has predicted.

Dukes predicts EU compact will fail

The former Fine Gael leader also said Enda Kenny had made a “mistake” in promising too much during the election campaign in terms of renegotiating Ireland’s bailout programme.

It is unusual, but not unprecedented, for a former party leader to criticise one of his successors. Responding to a keynote speech on the EU delivered by Fianna Fáil leader Micheál Martin, Mr Dukes said there had been a “total abdication” by 15 of the 17 member states in the eurozone since last year because they had caved in to the demands of Germany and France.

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