Dáil debates

Wednesday, 20 July 2011

10:30 am

Photo of Enda KennyEnda Kenny (Mayo, Fine Gael)

The concession of an interest reduction of 1% for countries in the EFSF bailout scheme, including Ireland, required the agreement of lending countries. One of those lending countries did not want to agree to it without Ireland taking on extra conditionality, namely, an increase in the corporate tax rate. I was not going to attend any meeting on behalf of this Government, the country or our people and concede that but this is what the Deputy appears to be referring to.

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