Sinn Féin Finance Spokesperson Pearse Doherty has said the government should reject any proposals to cede more power to the European Union as a response to the Eurozone crisis.
Deputy Doherty also said that the Irish government should be represented at talks to resolve the Eurozone crisis as equal partners in the European Union.
Deputy Doherty said:
“While it is encouraging that the focus of European leaders is turning to an overall solution to the Eurozone crisis it is highly insulting that Ireland and other nations have not been invited to the table to discuss this.
“It has been rumoured that the response to the crisis will include changes to the current EU treaties, the establishment of a single European Finance Ministry and Minister and a new Eurobond.
“All of this represents further and significant surrender of Irish sovereignty to the European Union and the Irish government should reject any plan that included these proposals.
“These are issues all of which Sinn Féin warned were coming down the road at the time of the Lisbon Treaty debate but we were labelled scaremongers at the time by proponents of the treaty.
“The response to the Eurozone crisis must ensure that sovereign states no longer have to fill the holes in the books of private banks. This is a role that must be filled by the ECB.”