Ireland's debt interest rate is higher than Greece

Ireland is still paying a higher interest rate on our national debt than Greece, Italy and Spain, despite claims years of crippling austerity measures have left the country in a better position than other recession-hit nations, writes Fiachra Ó Cionnaith, Irish Examiner Political Reporter.

Senior officials from the National Treasury Management Agency confirmed the situation at a detailed meeting with the Dáil's cross-party public accounts committee yesterday, amid claims the situation means Ireland is being charged €2bn more than Greece every year.