O'Connor: Govt must give clear commitment on stimulus plan

SIPTU President Jack O'Connor has said that his union will not support the EU Fiscal Treaty unless the Government commits to introducing a stimulus plan to boost the economy.
He told the Oireachtas committee on the referendum this morning that the National Pensions Reserve Fund, coupled with private pension funds, should be used to help boost job creation.
Mr O'Connor admitted that the Government cannot be expected to put a stimulus plan together before referendum day.
But he said a clear commitment must be made before SIPTU will advocate a 'yes' vote.
"We in SIPTU have decided that in spite of our many reservations about the treaty, and more particularly the strategy underpinning it, we will support the referendum proposition on the 31st of May in the hope of working with others to affect change from within… if a domestic stimulus plan along the lines we suggest is put in place, or a better alternative," he said.
"Otherwise we cannot support the proposition on the 31st of May."
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