Yes for Stability, Export Growth and Investment
About the Treaty
The Treaty on Stability, Coordination and Governance in the Economic and Monetary Union (or Fiscal Stability Treaty) was agreed by heads of State and Government of the seventeen members of the 'Eurozone' in January 2012. The purpose of the treaty is to provide stability to Eurozone economies, to restore confidence and to guard against future crises.
>> Download Full Treaty Text (PDF)
IEA’s Reasons to vote Yes
The Fiscal Compact will bring stability to our Government financial planning , support export growth in our key markets , and encourage more investment . A Yes vote will help Ireland continue on the path to recovery. It will give:
- Stability to Ireland's fiscal requirements
- Reassurance that Ireland intends continuing as a central player in Europe
- Confidence to Irish exporters many customers in the eurozone
- Certainty that future policies will be more prudent and guard against future recessions. More Info
Since joining the EU in 1973 Ireland has gained numerous benefits from its proactive membership and commitment to the EU. A few of these we now highlight;
- Our Exports have grown 130 times , from €1.3 billion in 1973 to €171 billion last year
- Foreign direct investment into Ireland has increased by over a thousand per cent .
- The eurozone has become our biggest customer for goods and services .
- An estimated 700,000 jobs have been created in Ireland during the years of EU membership.
- Businesses in Ireland have been given access to a market of over 500 million people, on preferential terms.