Quote:
Originally Posted by Firblog
If Thomas Pringles legal challange to the European Stability Mechanism (ESM) and the Stability, Coordination and Governance in the Economic and Monetary Union (Fiscal Compact) Treaties is upheld will the referendum go ahead?
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Surely the most that can happen there is that it is established that the ESM needs to be ratified by plebiscite. Based on the contributions that have been put forward by legal professionals in the media and in academic work, that seems unlikely.
Good example might be this paper by Dr Gavin Barrett of UCD
http://papers.ssrn.com/sol3/papers.c...act_id=1938659
On a related issue, there is some debate about whether an amendment to Article 136 is even required, apparently.
The House of Commons’ European scrutiny committee in the United Kingdom, for example, obtained legal advice that the amendment of Article 136, which is being done for the purpose of creating the ESM, is not in fact a pre-requisite for the creation of the ESM.
If this is true, then it's hard to see why a constitutional amendment would be required in Ireland.
Furthermore, Ireland vetoing the amendment to Article 136 following on from a potential rejection of the Fiscal Stability Treaty (whatever that would achieve) would not in fact threaten the creation of the ESM. In other words, if an amendment to article 136 is not required, then some would say that Ireland's 'hand' is diminished in Europe.
So that would be worth establishing before deciding on the fiscal treaty, and in that respect, Thomas Pringle's judicial review can only be welcomed for the sake of providing clarity.