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Sat 03 Mar 2011Kenny defends corporate tax
A crucial euro zone summit broke up early this morning without any agreement to cut the interest rate on Ireland’s bailout loans after Taoiseach Enda Kenny refused to dilute Ireland’s corporate tax regime.
Mr Kenny came under strong pressure on corporate tax from France and Germany. The Taoiseach met a “tough” reception as he made the case for a substantial reduction in the interest rate on Irish bailout loans.
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