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Ireland’s EU veto

Christine Lagarde, the French finance minister is on record as saying that France will use the presidency of the Council of Ministers in the EU to, effectively, change Ireland’s low corporate tax rate. The Irish Government says this cannot happen: Ireland has a veto and will use it, therefore the Irish position is safe. Mr. Barroso has made placatory noises on the same issue. (In fact he has started the process of undermining the Irish “veto”). What is the reality? […]

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