- DUBLIN: Ireland’s government hailed a decision by euro zone partners on Thursday to cut the interest charged on its loans by around 2 percentage points, saying it would save Dublin between 600 million and 800 million euros annually.
“(It is) of the order of 2 percent and my reckoning without having all of the details, which have yet to be worked out, would be somewhere between the order of 600 to 800 million, which is quite substantial,” Irish Prime Minister Enda Kenny told the state broadcaster RTE.