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Europe Daily Bulletin No. 10380

18 May 2011
Contents Publication in full By article 11 / 41
GENERAL NEWS / (eu) eu/eurogroup
Refusal to cut Ireland's interest rate

Brussels, 17/05/2011 (Agence Europe) - Eurozone finance ministers have not agreed to cut the interest rate on the EU loans to Ireland because Ireland refuses to comply with France and Germany's demand that it raise its corporate tax rates. The Eurogroup did, however, agree to alter the Irish structural adjustment programme attached to the €67.5 billion international loan package to provide an additional €25 billion to bail out Irish banks that have failed the current round of stress...

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A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS