Speaking after the visit of Education Minister Ruairi Quinn, the Labour politician said the feedback on the ground are concerned with funding fears if we say no to the upcoming referendum.
“The feedback we received on the visit with Minister Quinn on Friday shows that the citizens of the country are concerned that we will be without access to funding should this country need it after 2013. This is a real situation and not some game that many of those on the No side think they can engage in.
“There is no way that we can get funding from the ESM if we don’t pass the Treaty and it is quite astonishing that many are in denial as it states it clearly in the Stability Treaty text. There is no two ways about it.
“It’s akin to someone opting not to take out his house insurance and hoping his neighbours will chip in if the property is destroyed. We need the help and assistance of the EU and IMF. The treaty puts into place financial rules that will protect us and other countries,” he said.
He said any notion that we would receive funding from the IMF alone has been rubbished and the news that Canada’s Finance Minister Jim Flaherty is not prepared to fund the IMF any more to bail out European countries, the IMF was set up in 1945 to assist developing countries and third world countries.
“It’s about time the anti Treaty group which now consists of the extreme right in the form of the UK Independence Party , the extreme left in the form of Joe Higgins and co, came up with some constructive arguments instead of the same old NO, NO, NO to everything,” he slammed.