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05/05/2011
Taoiseach Addresses Corporate Rate
The Taoiseach has said he would push for a lower interest rate for Ireland's EU/IMF bailout, but that higher corporate taxes would not be part of any deal.
During a visit to New York, to encourage American investment in the Ireland, Enda Kenny added that a deal had been mapped out to lower the nearly 6% interest rate. He further explained that the details would be clear when Portugal finalised a bailout package.
Mr Kenny also confirmed that the country's 12.5% tax rate was set in stone.
While in New York, the Taoiseach paid a visit to Ground Zero, and will later attend a series of meetings on Wall Street.
(BMcN/KMcA)
During a visit to New York, to encourage American investment in the Ireland, Enda Kenny added that a deal had been mapped out to lower the nearly 6% interest rate. He further explained that the details would be clear when Portugal finalised a bailout package.
Mr Kenny also confirmed that the country's 12.5% tax rate was set in stone.
While in New York, the Taoiseach paid a visit to Ground Zero, and will later attend a series of meetings on Wall Street.
(BMcN/KMcA)
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Ireland WeatherToday:A rather cloudy start with patchy mainly light rain, but becoming brighter through the day as the rain turns more showery, the best of any sunnier spells in the south. Maximum temperature 16 °C.Tonight:A few bright spells at first and any showers gradually dying out. Low cloud and mist or drizzle over northern coastal parts will spread south to most areas overnight. Minimum temperature 7 °C.
