Post by Bob on Nov 20, 2010 10:42:27 GMT 1
EU and IMF inspectors start poring over crippled banks' books
Rising fury on the streets over bail-out threat to national sovereignty.The Irish government is coming under increasing pressure to increase its controversially low 12.5% corporation tax rate as part of any bank bail-out.
The reality is Ireland will have to accept the IMF bailout & it will have to accept the conditions of the bailout. The only uncertainty is the time scales. Ireland will try to hold out as long as it can but it now cannot have long before the crunch arrives
Rising fury on the streets over bail-out threat to national sovereignty.The Irish government is coming under increasing pressure to increase its controversially low 12.5% corporation tax rate as part of any bank bail-out.
The reality is Ireland will have to accept the IMF bailout & it will have to accept the conditions of the bailout. The only uncertainty is the time scales. Ireland will try to hold out as long as it can but it now cannot have long before the crunch arrives