In test for euro zone, Ireland votes on fiscal treaty
Anthony FaiolaDUBLIN — Linked 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 voters — some in nations divided by centuries of rivalries — willing 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 rights — how much they can borrow and how much they can spend — to the bureaucrats in the region’s administrative capital of Brussels.
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"In test for euro zone, Ireland votes on fiscal treaty", La Clé des Langues [en ligne], Lyon, ENS de LYON/DGESCO (ISSN 2107-7029), mai 2012. Consulté le 04/03/2024. URL: https://cle.ens-lyon.fr/anglais/archives/archives-revue-de-presse/in-test-for-euro-zone-ireland-votes-on-fiscal-treaty