With the Referendum on the EU Stability Treaty taking place on May 31st, South Tipperary Fine Gael T.D. Tom Hayes has arranged for the Minister for Jobs, Enterprise & Innovation, Richard Bruton, to attend a public meeting on why a Yes vote will benefit local businesses. The meeting described as an ‘EU Stability Business Lunch’ will take place in Hotel Minella, Clonmel on Friday May 25th at 1pm. Local businesses in the region will be invited to attend but the event is open to all members of the public.
“The importance of this referendum cannot be overstated. It’s important that we as local representatives do all in our power to inform the public about this Treaty and why a Yes vote is in their best interest. One of the biggest benefits to a Yes vote on May 31st will be the restoration of investor confidence in Ireland. We have to increase the existing flow of investment into this country and we can only do that if our financial future is secured.
“Support for this Treaty isn’t just coming from the three major political parties. IBEC, the Small Firms Association, the Irish Hotels Federation, the IFA, and the ICMSA, to name just a few, have all called for a Yes vote. These groups operate in the real economy and understand that this Treaty makes good business sense. They understand that it will provide the certainty that Ireland needs if we are to continue to grow jobs and attract inward investment.
“The Stability Treaty creates certainty for two main reasons; it promotes sensible budget rules in Ireland and the other Eurozone countries and it offers us access to the ESM, Europe’s new bailout fund, should we ever need it. These two factors show job creating investors that we are serious about controlling our finances, and that we are fully funded into the future.
“I have no doubt that Minister Bruton will lay all of these facts out during his visit on May 25th. There is nobody better positioned in this Government to explain why a Yes vote is good for business. I hope to see as many Tipperary businesses as possible at the meeting, as well as any members of the public who are unsure about which way to vote. The result of this referendum is pivotal to our country’s future, it’s only right that we inform the public as much as possible” concluded Tom Hayes.