Justin Doran
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Ireland to Get Reduction in Loan Rate

5/7/2011

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Ireland is to get a reduction in the loan rate from the EU/IMF bailout package of approximitly 1% according to BBC news.

This reduction would be worth over €400 million to Ireland over the duration of the loan.  It comes after lobbying from the Irish government since the recent elections.  It should strengthen Enda Kenney's position and allow him to claim that he is fulfilling the promises he made in the build up to the elections that he would re-negotiate the loan rate.
1 Comment
help with payday loans link
11/25/2013 12:50:11 pm


Ireland done great job to Get Reduction in Loan Rate. This information is very informative for loans owner. Thanks for this wonderful and knowledgeable post.

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    Justin Doran is a Lecturer in Economics, in the Department of Economics, University College Cork, Ireland.

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