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IRELAND’S RENEGOTIATION – UPDATED

By David Vance On March 4th, 2011 at 7:54 pm

Wonder what people make of this;

The Irish Times reports that EU centre-right leaders will meet in Helsinki today, with the possible renegotiation of the Irish bail-out terms as one of the top issues on the agenda. Reuters reports that senior German CDU MP Michael Meister has suggested that Germany may be willing to support a cut of the interest rate Ireland has to pay on its bail-out loan, if Dublin agrees to raise its corporate tax rate.

So, will the new Irish administration concede CT in order to get a lower interest rate?