A defeat of the EU fiscal compact in Ireland would not prevent the treaty from entering into...

|By:, SA News Editor

A defeat of the EU fiscal compact in Ireland would not prevent the treaty from entering into force as just 12 eurozone states need to ratify it. Irish leaders will campaign for passage using the trusty Armageddon card, Deputy PM Gilmore telling MPs a rejection means the country will be cut off from needed access to emergency funds.