Taoiseach, Tánaiste standing firm on tax rate

Taoiseach Enda Kenny and Tánaiste Eamon Gilmore have both has insisted Ireland will not budge on its corporation tax rate despite suggestions from Europe it could be put back on the agenda.

The coalition leaders shot down hints that the comparatively low 12.5% rate was up for debate in a sign of solidarity as the eurozone scrambles to stitch a growth stimulus package into the fiscal treaty.