Shock Irish vote spells end of budget restraint

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Nationalist Sinn Fein unexpectedly polled the most votes in a weekend election in Ireland. The party may not be able to form a coalition, but its big spending plans will influence economic policy, says aimeedonnellan:

Irish nationalists Sinn Fein secured the most votes in an election held in Ireland on Feb. 8.

The left-wing party, which is the former political wing of the Irish Republican Army, secured 24.5% of first-preference votes, almost doubling its share from the last election in 2016. That put it ahead of the centre-right Fianna Fail, which won 22.2%, and Prime Minister Leo Varadkar’s Fine Gael party, which polled 20.9%.

Sinn Fein’s ultimate goal is reuniting Ireland and Northern Ireland, which is part of the United Kingdom. The party has said the precondition for it to join a coalition would be a promise to hold a unity referendum within five years. The final results of the election will not be known until Feb. 10 or later. It took Irish political parties 10 weeks to form a government in 2016.

 

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