While 14 billion euros - including interest - would go a long way to plugging the coronavirus-shaped hole in the state's finances, Dublin is seeking to protect a low tax regime that has attracted 250,000 multinational employers. If Ireland's appeal succeeds, the government will be ridiculed by opposition parties for not taking the cash, which could cover at least half of a budget deficit forecast to balloon to as much as 10% of GDP this year.
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Tuesday, July 14, 2020
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