The Portuguese received a reduction of 60 points

There is still no agreement on a reduction, claimed by the Ireland, interest rates on financial aid from the European Union, or gesture of Dublin taxation, confirmed Wednesday the France.

The Irish daily Irish Examiner reported that the France could veto such a rates reduction if the Ireland continued to refuse to raise the tax on companies, one of the lowest in Europe (12.5).

However, the situation is more complicated: faced with the refusal to accept the taxation of companies, confirmed by two Ministers Irish, Paris and Berlin could simply an effort to Dublin tax harmonisation.

"No decision has been made", said the spokesman for the French Government, François Baroin.

"Discussions are continuing." "We are favourable to a harmonization of European taxation term taking into account of course of the unique situation in which a number of countries, including the Ireland."

The Irish Government requested a decrease of 100 basis points of the interest rate, for the moment close to 6, applied to the 45 billion euros in financial assistance that promised the Union European. The issue was the subject of a lively debate March 11 at a Summit of the leaders of the euro area in Brussels. The France and the Germany had asked the Ireland effort in the field of taxation.

Nicolas Sarkozy had said to understand that the tax was "a very sensitive topic" for the Irish.

"But" "at the same time..." "" "when the same currency it is normal to converge," added French President. "It is difficult to ask other countries to help the Ireland and that it responds that it intends to keep the corporate profits tax the lowest in Europe."

DISCUSSIONS CONTINUE

He assured that all of the other Member States of the euro area was "at least a gesture" from Dublin.

The discussion has continued since then. "But today, actually, there is no agreement to grant to the Ireland a reduction of interest rates", said French diplomatic source.

04/12 - 12/11 Purchase Trans-Siberian Orchestra Tickets playing in La Crosse Center, Quicken Loans Arena. Trans-Siberian Orchestra is playing in La Crosse, Cleveland and Las Vegas. trans-siberian orchestra tickets 2012

01/12 - 03/12 Obtain Red Hot Chili Peppers Tickets staging in Time Warner Cable Arena, Toyota Center. Red Hot Chili Peppers is staging in Charlotte, Houston and San Diego. red hot chili peppers tickets 2012

01/12 - 03/12 Purchase Les Miserables Tickets playing in Bob Carr Performing Arts Centre, Boston Opera House. Les Miserables is playing in Orlando, Boston and Tampa. les miserables tickets 2012

Discussions will continue to the next meetings of the Council of Ministers of economy and European finance and to the European Council of 23 and 24 June adds on same source.

"The French camping on their positions." "They will use their right of veto", provides for its part the Irish review, which cited sources close to the negotiations.

The Irish Minister of Finance reiterated before Parliament that he would not be tax on businesses.

The Portuguese "received a reduction of 60 points." "If the Ireland gets the same thing, this will amount to EUR 148 million a year, and if we get what the Greece obtained but could lose the next month, it will be a little more than 200 million euros", said Michael Noonan.

"It is absolutely out of question to make the slightest concession on the taxation of Irish companies in exchange for a sum of this order."

His colleague of transportation said that Dublin would not seek to obtain a decrease in the rate of interest if it implied a recovery of the taxes on small businesses.

"We are always looking for a decline in the rate of interest, (but) we are not ready to pursue this goal at all costs." "We are not ready to make a concession concerning tax on the profits of companies, which could cost us three or four hundred million euros, in exchange for a decrease rate we would save that 120 million", said Leo Varadkar public radio-television RTE.