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February 3, 2012

Why Is Ireland Up in Arms Over a Soft Treaty?

Gavin Barrett, Irish Times

AP Photo

The treaty's core consists of debt and deficit rules. However, its preamble provides that the treaty is not to be interpreted in any way as altering the economic policy conditions under which financial assistance is granted to a state (like Ireland) in a stabilisation programme.

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TAGGED: Ireland, Eurozone

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