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Sasko Lazarov/Photocall Ireland

Varadkar warns of access to bailout funds if Ireland votes ‘No’

Tourism minister Leo Varadkar says it would be “foolish” to assume that Ireland could get EU bailout funds without a Yes vote.

TOURISM MINISTER Leo Varadkar has warned that it would be “foolish” to think that Ireland could retain access to European Union bailout facilities if it did not vote ‘Yes’ in the forthcoming referendum on the Fiscal Compact.

Speaking on RTÉ’s The Week in Politics last night, Varadkar said Ireland could not expect to be given access to the European Stability Mechanism – the new permanent bailout fund expected to come into effect in July – if it did not ratify the compact.

The terms of the compact mean that access to funds from the ESM is restricted to countries which ratify it – and Varadkar says Ireland should not expect to be given an exception to this.

“Nobody has a crystal ball… increasingly it looks like we won’t need a second bailout, because we’re meeting our targets,” he said, before going on to compare an Irish ‘No’ vote to a household without home insurance.

Varadkar also insisted that it was not in the government’s interest to deliberately link the ratification of the treaty to the Irish government being given a deal to restructure the Anglo Irish Bank promissory notes.

“It would be a very bad idea for us to overtly and publicly link the issue of promissory notes to the referendum,” he said, because Ireland did not have a veto on the treaty, as it comes into effect as soon as 12 eurozone members ratify it. ”If we vote No, we’re just left out.”

Seeking any special concessions from Europe as a bartering chip for the deal meant Ireland would be “rebuffed”.

“If we were given a special concession on this matter, then every other country would have to be given special concessions too,” the minister said.

Varadkar also denied that there was “fury” within the cabinet at the comments of Joan Burton, who last week had repeatedly linked a deal on the bank debt to a Yes vote.

Yesterday’s Sunday Business Post, and today’s Irish Times, both reported considerable anger within the government parties at Burton’s comments, which went against those of senior ministers including Enda Kenny, Eamon Gilmore and Michael Noonan.

Read: Howlin says a ‘better deal on debt’ would improve voting atmosphere >

More: Voters plan to support fiscal treaty, polls show >

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165 Comments
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    Mute Ted Power
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    Feb 18th 2013, 5:04 PM

    Dirty b#stard should be chemically castrated and sentenced to a life time of hard labour.

    279
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    Mute Tony Skillington
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    Feb 18th 2013, 5:25 PM

    Too good for him Ted…feed to hungry pigs I’d say..

    100
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    Mute John Duggan
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    Feb 18th 2013, 5:54 PM

    Here we would have let him go while he appealed his conviction, which would have been half that of his actual one with 70% suspended. He would have also been released early for good behavior.

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    Mute peter
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    Feb 18th 2013, 8:19 PM

    No we wouldn’t.

    27
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    Mute Jamie McCormack
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    Feb 18th 2013, 5:17 PM

    Life has to mean life for an evil beast like him. Whoever released him in ’92 after just 3 years for abducting and raping those other girls should be behind bars too.

    157
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    Mute Aaron Quinn
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    Feb 18th 2013, 5:18 PM

    Disgraceful that he has the nerve to seek an early release. Sicko

    93
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    Mute big shmoke
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    Feb 18th 2013, 5:21 PM

    This type of individual is the worst of the worst. He needs to be kept under lock & key & studied in a bid to learn more about his kind. To allow him apply for parole makes a mockery of justice & insults the victims memories.

    85
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    Mute Ouch
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    Feb 18th 2013, 5:25 PM

    Guillotine the freak! Or at least his genitalia. I’m against capital punishment but firmly support the idea of a no nonsense approach when punishing those involved in sex crimes, especially against children. Rape Should be grounds for castration-zero tolerance.., period!

    69
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    Mute Les Rock
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    Feb 18th 2013, 5:47 PM

    And cortorise his wound with a blow torch!

    41
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    Mute fizi_water
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    Feb 18th 2013, 5:31 PM

    I’d be surprised if he’s not hunted for after release anyway. If I was the parent I’d go to hell and back to get him.

    64
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    Mute The Mule
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    Feb 18th 2013, 6:02 PM

    And what purpose would that serve?

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    Mute Les Rock
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    Feb 18th 2013, 6:06 PM

    Satisfaction

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    Mute The Mule
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    Feb 18th 2013, 7:36 PM

    Go watch a Tarantino film you ape. Every time one of these stories appears you get the internet hardmen trying to outdo each other with stuff they would do to a sex offender. Funnily enough in real life the relatives of victims are markedly more restrained and dignified.

    18
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    Mute Hakuin Murphy
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    Feb 18th 2013, 5:32 PM

    I don’t believe that we should destroy all paedophiles at birth like some others seem to do
    But there are cases like this one, where it would be a sick joke to ever let them out of prison

    49
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    Mute Gavin Ross
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    Feb 18th 2013, 9:52 PM

    How do you know that someone is going to be a paedophile at birth may I ask?

    38
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    Mute John Sheahan
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    Feb 18th 2013, 7:56 PM

    Give him the electronic bracelet.

    Then run 50,000 volts through it.

    35
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    Mute Enda Story
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    Feb 18th 2013, 10:15 PM

    In Brussels Airport with my young children in 1995, I picked up a double photo of the abducted girls asking travellers to look out in their own countries. A few weeks later Dutroux was arrested and the bodies were found. I often look at the photo and still feel a sense of upset knowing, when I picked it up, they were alive, suffering such an unthinkable ordeal and facing an horrific death, while my children are now living adult lives.

    34
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    Mute Gavin Ross
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    Feb 18th 2013, 9:57 PM

    The sickest thing here is that this appeal was even entertained in the first place. They reject this appeal because he was not clear enough about where he would live?? How about they reject it because he’s an animal who should spend the rest of his life in a filthy hole? There is a lot wrong with a “justice” system that would even think about releasing such a person

    33
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    Mute Declan Harkin
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    Feb 18th 2013, 8:09 PM

    Can’t understand the red thumbs here. This person should be exterminated like vermin

    30
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    Mute Aaron Quinn
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    Feb 18th 2013, 11:01 PM

    I disagree. I think death is an easy way out for someone like this. He should remain in prison for the rest of his days. A person like him doesn’t even deserve the option of rehabilitation.

    15
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    Mute Kevin Smyth
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    Feb 18th 2013, 7:06 PM

    If you read up on the case, you’ll see that Belgium is rotten. There’s plenty of politicians and police involved, in the worst sense.
    Be warned, it’s not light reading.

    25
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    Mute NorthSeaStar
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    Feb 18th 2013, 9:57 PM

    According to Dutroux anyway, abut sure he wouldn’t be lying about that would he… The two surviving girls testified that they only ever saw Dutroux when they were imprisoned.

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    Mute NorthSeaStar
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    Feb 18th 2013, 9:57 PM

    According to Dutroux anyway, but sure he wouldn’t be lying about that would he… The two surviving girls testified that they only ever saw Dutroux when they were imprisoned.

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    Mute Kevin Smyth
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    Feb 18th 2013, 10:14 PM

    I’m talking about a paedophile ring. Those poor girls were kept in a basement, out of sight. Usually I like to have links to back up my comments, but I don’t want to go reading up on the case again, as it’s as shocking, depraved and depressing as stories get.
    I don’t know why anyone would say, “ah sure we caught them two, let’s leave it at that!” They ALL need to be caught and locked up.

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    Mute NorthSeaStar
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    Feb 18th 2013, 11:08 PM

    You obviously misunderstand me; what I’m saying is that despite the fact that Dutroux claimed there was this huge paedophile ring no evidence was ever found, Dutroux has always enjoyed his notoriety and the attention he got. Despite loads of media attention ( the Belgian Press referred to this alleged ring as The Pink Ballets )and and police investigation, no proof was found and no one was arrested

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    Mute Michael Burke
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    Feb 19th 2013, 3:59 PM

    @Kevin

    I know the exact link you’re referring to. I began reading this one weekend and I had to stop half way through simply because I have never come across anything so unbelievably shocking and disturbing in my life! Hollywood horrors pale in comparison to what was compiled in the report. I actually started to get depressed and very down while reading it.
    One thing for sure is that Dutroux was just s foot soldier/procurer for a most perverse and downright evil bunch of people.

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    Mute Jonathan Barry
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    Feb 18th 2013, 6:54 PM

    If it was my kids. Well…….has anyone seen Law Abiding Citizen?

    25
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    Mute James Patrick Smith
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    Feb 18th 2013, 10:38 PM

    Watched a documentary on this abomination and It suggested that some high level people were in involved in covering up his crimes for some time.

    A Police officer didn’t search his house completely and “missed” the basement which was added and that held the poor Girls who this Monster has held captive.
    People like Dutroux should never be released.

    Some people can’t be reformed and will always be a risk to society.

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    Mute George Brown
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    Feb 19th 2013, 4:39 AM

    If you got rid of his arms and legs he wouldn’t be a risk.

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    Mute Benny benson
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    Feb 18th 2013, 5:52 PM

    Let him rott in there

    20
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    Mute Seán O' Sullivan
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    Feb 18th 2013, 7:24 PM

    Such a grisly case, so sad

    17
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    Mute Eddie Mc Gurk
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    Feb 18th 2013, 7:38 PM

    Cut his b@lls off

    13
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    Mute Shane Carroll
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    Feb 19th 2013, 10:09 AM

    Released in1992 after only serving 3 years for abducting and raping 5 young girls?? What sort of warped system of justice let him walk out the door!!!

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    Mute Seán O' Sullivan
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    Feb 18th 2013, 7:24 PM

    Such a grisly case, rip

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    Mute Simon McGrath
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    Feb 18th 2013, 5:19 PM

    Now then now then

    3
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