It is currently Tue Sep 30, 2014 11:07 am

All times are UTC - 5 hours





Post new topic Reply to topic  [ 13 posts ]  Go to page Previous  1, 2
Author Message
 Post subject: Re: European Stability Fund
PostPosted: Thu May 17, 2012 8:13 am 
Captain
Captain
User avatar
 Profile

Joined: Tue Dec 14, 2010 10:55 am
Posts: 1160
That looks to me like a referendum on some financial treaty? It doesn't say anything about Ireland leaving the EU on there...

Edit: This is all I could find regarding the possible outcomes of the referendum;

Quote:
If a majority of the people vote yes, then this new subsection will be added to the Constitution and Ireland will ratify the Treaty. The Treaty will come into effect if it is ratified by at least 12 of the 17 countries which use the euro so unanimity is not required. If it comes into effect and Ireland has ratified it, the national legislation which the Treaty requires would have to be introduced within a year.

If a majority of the people vote no, this new subsection will not be added to the Constitution and the Government will not ratify the Treaty. The Treaty will come into effect if at least 12 euro area countries ratify it. Those countries which have ratified it will then be bound by its provisions.


Top
 

 Post subject: Re: European Stability Fund
PostPosted: Thu May 17, 2012 8:31 am 
Moderator
Moderator
 Profile

Joined: Mon Sep 06, 2010 3:13 pm
Posts: 1894
Diazepam wrote:
This is the first time I've heard of this. I'll need to research a bit more about it because the video was a bit patronizing with that robot voice ending every sentence as a question... The terms seem to be quite excessive though. I'm glad Scotland isn't in the eurozone...

At the end of the day though, if this ESM suddenly demands unreasonable amounts of money and say, Finland decides not to. They will just drop out and adopt Norways krone to replace the euro. So the use of the word dictatorship in the video title just takes away from its credibility and will cause people not to take it seriously.


You could research it yes.. The articles this video is about are also given in the video description, you could read those.

And of course they could drop out of the EU and replace the Euro. However that means they will lose the money they have already invested in the ESM. They can not get the money back in any way, since they signed away their power to have any jurisdiction over the ESM.

_________________
Image

Made by KazeToushin, thank you!


Top
 

 Post subject: Re: European Stability Fund
PostPosted: Thu May 17, 2012 8:56 am 
First Lieutenant
First Lieutenant
User avatar
 Profile

Joined: Wed Oct 26, 2011 11:32 am
Posts: 624
Location: Eire for life haha
Gender: male
We are being told that if we vote no we will be removed from the EU so that is all i can go by lol, both sides state that a no vote will end up with us leaving europe ;}~

_________________
Image

Thanks for the Sig Dawnice ;}~
Skype: cianoige

Wins on this account:F4 Era 16 (Led JFF and finished Rank 1)
Image

Allies ATM:none ;{~


Top
 

Display posts from previous:  Sort by  
Post new topic Reply to topic  [ 13 posts ]  Go to page Previous  1, 2

All times are UTC - 5 hours



You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot post attachments in this forum

Jump to:  
WarLingo Android Mobile Game

Powered by phpBB © 2000, 2002, 2005, 2007 phpBB Group  
Copyright Tacticsoft Ltd. 2008   
Updated By phpBBservice.nl