Tony McLoughlin (Sligo-North Leitrim, Fine Gael)

I welcome the opportunity to support this legislation on the Treaty on Stability, Coordination and Governance in the Economic and Monetary Union. The people will be asked for their view on 31 May and before that many of us will have the opportunity to engage with the electorate and explain why the treaty should or should not be adopted. It is vital to explain to people who do not have the same level of information that is available to us what the treaty is about and how it will provide a level of support for the economy and especially for the smaller, weaker countries in the euro zone.

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