Ireland gets more time for bailout repayment and interest rate cut

I hope Google is doing something good with all that money they're getting away with, at the taxpayers expensse. Tax loopholes should be illegal!

@sirpeter: Did you ever go to school at all? Maybe you went to a special needs school where you did not get any decent skills. If you refute what a I say lets see the figures. I am loyal to loyal Irish Citizens as per the Irish Constitution. You can't read, write or use arithmetic at a reasonable level, which would allow you to figure out simple things. You do like retarded, traitorous Irish Politicians who are corrupt to say the least and that probably displays your true intentions.

@LoyalCitizen.How could it be worse!!Lower interest rates on a loan is always better and the longer period of time to pay means inflation helps takes care of the principal.Course by your way of thinking you are quite willing to believe when the government tells us we owe billions but on the other hand you say they are telling lies.You say you are a loyal citizen.What exactly are you loyal too? Your own "opinion"?

Maybe Ireland can now get a bailout from Google for helping Google avoid paying their taxes and saving them a whopping $60 Billion Dollars. . . . "Google 2.4% Rate Shows How $60 Billion Lost to Tax Loopholes" . . . .Google, the owner of the world’s most popular search engine, uses a strategy that has gained favor among such companies as Facebook Inc. and Microsoft Corp. The method takes advantage of Irish tax law to legally shuttle profits into and out of subsidiaries there, largely escaping the country’s 12.5 percent income tax.

Lower interest rates and longer period to pay is worse. Now Ireland has 15 years of interest rates and payments. Lets see the true figures, then we can judge.