Colm Brazel 0

Euro No More!

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Re "International Treaty on a Reinforced Economic Union" referred to here the "Compact Treaty" i) Having regard to the failure to renegotiate an adequate debt write-down with our lenders. ii) Having regard to the failure to negotiate a Compact Treaty that allows opportunity for recovery for Ireland from negative outlook due to our debt position. iii) Having regard to the proposed diminution of our sovereignty and our lack of fiscal independence proposed within the terms of the Compact Treaty. iv) Having regard to the likely outcome of long term austerity measures on the people of Ireland especially the most disadvantaged. v) Having regard to the lack of adequate burden sharing of loss by Ireland's banking sector, the ECB, Ireland's lenders in the European and global banking sector. vi) Having regard to the recession and austerity, in particular the contraction of Ireland's GDP and GNP, that will make our debt burden impossible to payback without sufficient debt relief and burden sharing. vii) Having regard to the relegation of Ireland to a dependent shell of debt and Ireland's loss of fiscal independance. vi) Having regard to the possible likely outcomes of further tax harmonisation contained in these Compact Treaty proposals including the likely coming removal of Irelands right to determine its own tax regime with regard to Corporation Tax. vii) Having regard to the difficulties on reaching consensus on tough action re debt renegotiation; for example, and failure to begin along such a path. vii) Having regard to the disproportionate burden sharing falling on the most disadvantaged in society. I would like to sign this petition to call upon our leaders to immediately begin negotiation to take Ireland out of the Euro; to begin immediate negotiation with our lenders; to structure our ordered default and withdrawal from euro; to base our withdrawal from the euro upon just and fair burden sharing, just and fair to the people of Ireland and its lenders.


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