A press conference was held today launching the Socialist Party's austeritytreaty.ie website and the pamphlet on “Austerity Treaty explained: how it undermines democracy & institutionalises austerity”.

People who walked into newsagents shops all over the country on last week might easily have staggered out in a confused and shell shocked state after glancing at the morning newspapers. A plethora of banner headlines would have leapt out at them with horror stories of a raft of new fees, charges and taxes awaiting them in the next few years if government plans are allowed to be implemented.