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In test for euro zone, Ireland votes on fiscal treaty

The Washington Post, 31 May 2012
Publié le : 31 mai 2012
 Anthony Faiola 
DUBLINLinked by a common currency but not a common economy, the crisis-battered euro-zone nations are facing a pivotal choice: Either move more closely together or risk their currency union breaking apart. But are European voterssome in nations divided by centuries of rivalrieswilling to take that leap toward closer integration?

The fiercely independent Irish are about to offer a window into the answer.

From the emerald hills of Donegal to the shores of Cork, the Irish go to the polls Thursday in a referendum on a regionwide fiscal treaty inked in January that would impose strict limits on budget deficits and debt. European governments that ratify the treaty will effectively surrender a measure of sovereignty over two of their most sacred economic rightshow much they can borrow and how much they can spendto the bureaucrats in the region’s administrative capital of Brussels.

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Mise à jour le 31 mai 2012
Créé le 31 mai 2012
ISSN 2107-7029
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