Irish ‘No’ Vote Means Higher Taxes, Independent Cites Creigthon

Ireland risks increased unemployment, higher taxes and isolation if it votes “no” to the European fiscal treaty, the Sunday Independent said, citing the country’s European Affairs Minister Lucinda Creighton.

A rejection in a May 31 referendum would “choke confidence, choke growth and employment; you will have higher taxes and lose jobs,” the newspaper cited Creighton as saying.

To contact the reporter on this story: Colm Heatley in Belfast at cheatley@bloomberg.net

To contact the editor responsible for this story: Douglas Lytle at dlytle@bloomberg.net

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