Adams furious as rumours of 6.7% interest rate for bailout emerge

Sinn Féin President Gerry Adams has today described reports that the interest rate to be charged on the EU/IMF bailout is likely to be as high as 6.7% as further evidence of the Government's incompetence.

He said the Government had no mandate to incur such a burden on ordinary taxpayers and called on them to cease negotiations with the EU/IMF, suspend the Budget and call a General Election.