Senator MacSharry to hold public information meeting on Fiscal Stability Treaty

Fianna Fáil Senator Marc MacSharry will hold a public information meeting on the Fiscal Stability Treaty this Sunday 27th May, at 8pm in Sligo Southern Hotel.

Fianna Fáil Senator Marc MacSharry will hold a public information meeting on the Fiscal Stability Treaty this Sunday 27th May, at 8pm in Sligo Southern Hotel.

Former President of the European Parliament, Pat Cox, will be addressing the importance of a ‘yes’ vote for Ireland in the referendum. The meeting will also be addressed by Lorraine McDonnell, Regional Manager of Enterprise Europe Network in the North West who will give her insight into the need for a ‘yes’ vote.

Senator Mac Sharry said: “Public discourse on this Treaty needs to be fully informed. The wider issues of what ultimately needs to be done to stave off the Euro crisis and place economic growth on a sustainable path need to be kept at the forefront of public debate.

“The Fiscal Stability Treaty is a beefed up version of the 1996 Stability and Growth Pact which has laid out the frame work for the budgetary discipline of member states. The Treaty attempts to reduce the chances of poor fiscal policy in one country affecting another country through budgetary oversight and coordination, as well as multi-year budgeting.

“This treaty is not enough on its own to solve the euro zone crisis but it is a step in the right direction towards a comprehensive set of policies, and an overhaul of the euro zone design framework”.

Everyone is welcome to attend.