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Europe Daily Bulletin No. 10625

2 June 2012
ECONOMY - FINANCE - BUSINESS / (ae) ireland
Irish referendum result - 60% say Yes to fiscal compact

Brussels, 01/06/2012 (Agence Europe) - On Friday 1 June, the Irish people gave the go-ahead for their government to ratify the fiscal compact (see EUROPE 10566). The turnout was low, at just over half of the electorate, some 60% of whom voted in favour of ratification. This will make Ireland the eighth member state to approve the fiscal compact (along with Denmark, Greece, Latvia, Poland, Portugal, Romania and Slovenia). The interest rate on Ireland's long-term debt fell on Friday on the...

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