DUBLIN (AP) — When voters in Greece and France got the chance, they dealt a resounding "No!" to parties backing austerity measures. The Irish could be next to give the European Union's austerity plan a black eye.
A May 31 referendum here asks the public to approve an EU treaty that aims to control nations' deficits and longer-term debts. Critics, however, say the treaty ignores the competing need to stimulate growth.
Ireland is the only EU member putting the agreement to a national vote.
Analysts say an Irish rejection of the treaty, combined with Francois Hollande's victory as France's president and a hard-left turn in Greece's parliamentary elections, could force the continent to shift in favor of less cutting and greater investment in growth.
Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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