Taoiseach: Corporate rate set in stone
The Taoiseach Enda Kenny has said in an interview with news agency Reuters that he would press for a lower interest rate for Ireland's EU/IMF bailout, but that higher corporate taxes would not be part of any such deal.
During the interview on a visit to New York, the Taoiseach said a deal had already been reached in principle to lower the nearly 6% interest rate and that the details would be hammered out once Portugal finalized details of its pending bailout package.
Mr Kenny said his visit to New York was partly to reassure American firms that might consider putting jobs in Ireland that the country's 12.5% tax rate was set in stone.
The Taoiseach continues his visit to New York today, with a series of meetings on Wall Street.
He earlier visited Ground Zero, the site of one of the World's worst terrors attacks.
