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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 :evil:

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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