Irish referendum could be influenced by Hollande

AP News
Posted: May 07, 2012 10:36 AM
Irish referendum could be influenced by Hollande

Ireland's finance minister says the stance that French President-elect Francois Hollande takes on the European Union's fiscal treaty could affect whether Irish voters support it in a referendum later this month.

Hollande, who won the French presidency Sunday, said during his campaign that he wants to rework the agreement to promote growth, a stance that resonates across a continent weary of austerity.

Irish Finance Minister Michael Noonan said in Warsaw on Monday that if Hollande asks for growth-promoting additions to the treaty, it could help its cause in Ireland and Dublin would support him. But he said his government was concerned that a critical stance by Hollande could hurt support for the treaty in Ireland.

The referendum takes place May 31.