The Tánaiste Eamon Gilmore has poured cold water on claims from German Chancellor Angela Merkel that changes to the Lisbon Treaty are needed to solve the debt crisis.
Eamon Gilmore said there was no appetite among Government, or the electorate, for a referendum on the issue.
He also hit out at European leaders, saying the problem is that the action agreed last July has still not been implemented.
"A treaty change takes quite an amount of time to agree…The problems with the European financial system and with the banks in Europe are matters that need to be addressed now, not a couple of years down the road when you'd get to have the treaty changed," he said.
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