Ganley concedes Lisbon Treaty has passed

Libertas leader Declan Ganley has conceded the 'Yes' vote has been carried in the Lisbon Treaty referendum.

He has congratulated the Taoiseach on "what was, politically, a masterful campaign…from a masterful politician who has made glove puppets out of the opposition".

He added he was "surprised how big the 'Yes' vote is. It just shows how scared people are", claiming the economic downturn had a massive influence.

“This is an overwhelming Yes vote.”

Voter turnout passed the 50% mark with initial indications pointing to a two-to-one majority in favour of the treaty.