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Comment #1295781 by ENDA KERR

ENDA KERR Jun 16th 2013, 6:07 PM #

Am i correct in saying, these loans to be repaid in 2019 & 2020 come with an interest rate ? Does that not make them investments by British Government ?

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Read the article where this comment appeared:

Ireland is “stealing” the UK’s tax funds, according to NI finance minister

Ireland is “stealing” the UK’s tax funds, according to NI finance minister

Safe to say we know what Sammy Wilson wants to see on the G8 agenda, then.

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    Favourite Matt
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    Jun 16th 2013, 6:41 PM

    Yep. They will get paid back in full with interest. They loaned the money to safeguard it’s interests in Ireland. British banks/business have billions invested in Ireland. Tens of thousands of jobs in Britain rely on Ireland having a good stable economy.

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    Favourite Kevin Shaw
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    Jun 16th 2013, 6:44 PM

    All true. But to be fair, they did so at a lower rate than the Troika. Initially at least.

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