TravelTill

History of Republic of Ireland


JuteVilla
untries. However, in 1969 his successor, George Pompidou, was not opposed to British and Irish membership. Negotiations began and in 1972 the Treaty of Accession was signed. A referendum held in 1972 confirmed Ireland's entry, and finally succeeded in joining the EEC in 1973.

The economic crisis of the late 1970s was fueled by Fianna Fáil's budget, the abolition of the car tax, excessive borrowing, and global economic instability. There were significant policy changes from 1989 onwards, with economic reform, tax cuts, welfare reform, an increase in competition, and a ban on borrowing to fund current spending. This policy began in 1989–1992 by the Fianna Fáil/Progressive Democrat government, and continued by the subsequent Fianna Fáil/Labour government and Fine Gael/Labour/Democratic Left government. Ireland became one of the world's fastest growing economies by the late 1990s in what was known as the Celtic Tiger period, which lasted until the global financial crisis of 2007–2010.

In the Northern Ireland question, Irish governments started to seek a peaceful reunification of Ireland and have usually cooperated with the British government in the violent conflict involving many paramilitaries and the British Army in Northern Ireland known as "The Troubles". A peace settlement for Northern Ireland, the Belfast Agreement, was approved in 1998 in referendums north and south of the border. As part of the peace settlement, Ireland dropped its territorial claim to Northern Ireland
JuteVilla