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Article: Lisbon Treaty approval could save Ireland Euro 200m a year in debt costs
- Article from:
- The Sunday Telegraph London
- Article date:
- October 4, 2009
- Author:
CopyrightCopyright 2009 The Sunday Telegraph London. Provided by ProQuest LLC. (Hide copyright information)
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IRELAND'S overwhelming approval of the Lisbon Treaty could save
the country euro200m ( pounds 183m) a year in debt costs, economists
said last night.
The European Union reform plan was backed by 67.1pc of voters in
a referendum, with business leaders heralding the vote as "a vital
step forward" for the beleaguered economy.
Peter Sutherland, the chairman of BP and former Attorney General
of Ireland, said: "This is an outstanding victory for common sense.
It was the result of dispelling myths, some of which emanated from
the UK. This was a great achievement with a government in some
difficulty and a vital step forward for Ireland."
The treaty is now likely to be ratified across Europe, with ...