Tánaiste: Ratifying treaty will help Ireland renegotiate debt

Tánaiste Eamon Gilmore has today insisted that ratifying the EU Fiscal Treaty will strengthen Ireland’s hand in renegotiating its bank debt.

Minister Gilmore dismissed German claims that restructuring the Troika rescue arrangements would send a wrong signal to Europe, saying last week’s Yes vote in the referendum has put the country in a more powerful position to ask for a debt write-down.