A yes vote for the fiscal treaty was the cheaper and safer option for Ireland

Courtney, Michael (2012) A yes vote for the fiscal treaty was the cheaper and safer option for Ireland [Online resource]

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Last week, Ireland voted ‘Yes’ to the European Fiscal Stability Treaty, despite some predictions that the country would vote No. Michael Courtney argues that Irish voters knew that voting Yes was the only way to secure future bailouts, should they be needed. A No vote was simply too risky.