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Irish banks are set for fresh 'stress tests' next week (Photo: Matt Buck)

Irish PM bullish on taxes

by Honor Mahony, Brussels,

Irish Prime Minister Enda Kenny has said the "Gallic spat" he had with his French counterpart at a meeting earlier this month is over but was bullish on maintaining Ireland's low corporate tax rate - the source of the original dispute.

"The Gallic spat we had the last time has certainly concluded. We shook hands several times during the course of this meeting," Kenny said, referring to the widely-reported falling out with president Nicolas Sarkozy on 11 March over Ireland's 12.5 percent...

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Irish banks are set for fresh 'stress tests' next week (Photo: Matt Buck)

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