Referendum in Ireland? Kicking the bankers out worked for Iceland!

Just when the euro-zone crisis was getting a bit repetitive, the Irish decided to lob another hand grenade into the mix.

Last week, the Irish government announced that Ireland would be holding a referendum on the European Union’s Fiscal Compact Treaty before the end of the year.

The news came as a surprise in both Dublin and Brussels, the EU capital, because Irish Prime Minister Enda Kenny’s government had been protesting loudly that it was not concerned about the possibility that it would need to be voted on in a referendum, as required by the Irish constitution.

The news came as a surprise in both Dublin and Brussels, the EU capital, as Irish prime minister Enda Kenny’s government had been protesting loudly that it had not attempted to word the treaty during negotiations in such a way as to avoid a public vote as required by the Irish constitution.

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