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[14 Jan 2011 | No Comment | ]
Renogotiate the bank bailout

Michael Noonan TD has accused Brian Lenihan of giving up on Ireland after the Minister ruled out renegotiating the punishing bailout interest rates, even though reports suggest this can be done.

“Fine Gael raised serious concerns about the terms of the bailout from the moment it was announced. The punishing interest rates of more than 5.5% are one of the worst elements of the deal.