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EU-IMF Programme for Ireland and National Recovery Plan 2011-14: Statements (Resumed) (1 Dec 2010)

Arthur Morgan: ...that it is the families on low incomes that will pay a higher percentage of their income as a result of what will happen in respect of VAT. The percentage rate of 5.83% in respect of the EU-IMF loan amounts, in my view, to backstreet money lending, which is completely unacceptable. The Taoiseach stated yesterday: "This country needs this package at this time. We believe we have brought...

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