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Republic of Ireland to get 'EU loan rate reduction' http://www.x404.co.uk/forum/viewtopic.php?f=19&t=13573 |
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Author: | pcernie [ Sat May 07, 2011 2:29 pm ] |
Post subject: | Republic of Ireland to get 'EU loan rate reduction' |
http://www.bbc.co.uk/news/business-13321551 I hate the tax avoidance that gets mentioned there ![]() |
Author: | l3v1ck [ Sat May 07, 2011 3:40 pm ] |
Post subject: | Re: Republic of Ireland to get 'EU loan rate reduction' |
Does that affect our loan to them? After all we borrowed money to lend to them, and I doubt we'll be paying less. |
Author: | Amnesia10 [ Sat May 07, 2011 4:05 pm ] |
Post subject: | Re: Republic of Ireland to get 'EU loan rate reduction' |
Chances are that they will have to default eventually anyway. The rate is almost irrelevant with the mess that their banks are in. |
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