No vote a huge risk, says Gilmore

Ireland will be put back in the “eye of the storm” in Europe if voters reject the EU fiscal compact treaty, Eamon Gilmore has said.

The Tánaiste also said it was too early to talk about changes to future budgets but that a no vote would hit investor confidence here.

He welcomed the weekend election of François Hollande as French president but said the socialist’s calls for more growth and jobs would not require changes to the treaty.