Truth or scare? A layman's guide to the fiscal treaty
The Yes side says it's a buffer against future disaster. The No side says it's a recipe for decades of austerity. It's time to read between the lines, writes Cliff Taylor.
During the Lisbon Treaty debate, there was plenty of argument about whether people discussing the treaty had actually read it.
This time around, it's easier. The fiscal treaty is not an easy read, but it is generally understandable, albeit with plenty of economic jargon.
Here is a guide to the gist of it. To highlight the key arguments, we focus on the essential bits and the arguments made about them. The positions of the Yes...
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