Corporation tax temporarily off agenda

THE issue of Ireland’s corporation tax should be off the table for Enda Kenny’s first meeting as Taoiseach with his fellow EU leaders next week.

There is more good news too for him about the interest rate on the country’s EU loan as Economics Commissioner Olli Rehn said it would be a key issue to be discussed in the context of countries ability to pay.

But after that Mr Kenny will be on his own as he will be under pressure to agree to link wages to productivity, pensions to life expectancy and put a legal limit on how much the Government can borrow to run the state.