Dáil debates
Wednesday, 20 October 2010
Statements re Minister for Finance's announcement on banking of 30 September 2010: Questions
12:00 pm
Brian Lenihan Jnr (Dublin West, Fianna Fail)
It is estimated the annual debt interest costs on cash borrowings, based on current interest rates, will be approximately €200 million beginning in 2011. The cumulative interest costs on the cash borrowings will increase as the further €3 billion in cash payments are made each year.
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