The referendum on the European Fiscal treaty will take place on Thursday 31st May, Eamon Gilmore announced in the Dáil today. Voters will be asked to agree to a subsection being inserted into article 29.4 of the Constitution. It will State: “The State may ratify the treaty on stability co-ordination and governance in the economic […]
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Fiscal Treaty
How Much Will the 2012 Referendum Cost Ireland ?
Another EU referendum was announced last week – the actual date of the Fiscal Compact Referendum is yet to be decided but it will probably be in May or June. You can look here for a summary of the Fiscal Compact Treaty that is the subject of the referendum . Ireland has had a couple […]
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Éamon Ó Cuív Resigns Over Fiscal Compact Treaty
Éamon Ó Cuív has resigned as Fianna Fáil’s Deputy Leader and Communications Spokesperson because of his refusal to support the Party’s position on the EU Fiscal Compact. Mr Ó Cuív thinks that the Taoiseach should get concessions for Ireland before the treaty could be passed, including a writedown of banking debt. Deputy Ó Cuív said […]
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Fiscal Compact Treaty
The “fiscal compact treaty ” outlines the closer integration of the national budgets of the 17 eurozone countries. It imposes a new legal framework and greater fiscal scrutiny to try and avoid a repetition of some of the dubious financial practices that triggered the euro crisis. The treaty also agrees to strengthen mechanisms that guarantee […]
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