Analysis one month before the referendum in Ireland on the budgetary pact

7^th May 2012

The European budgetary pact called the Stability, Coordination and Governance Treaty, was signed on 2nd March last in Brussels by the heads of State and government of 25 EU Member States (all except for the UK and the Czech Republic). On 29th February last Ireland's Attorney General declared that the treaty was not part of the general organisation of the EU and would therefore give rise to a popular vote. Ireland is the only Member State to submit the European budgetary pact to referendum. This will take place on 31st May. According to the most recent poll by Red C for the newspaper The Sunday Business Post and published on 2nd May last a majority of the Irish (47%) are about to vote "yes", and about one third "no" (35%). Around 18% of the electorate are still undecided.

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