Re: Re: Developments in Cork

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That is good news, but we’ll have to wait and see until Budget Day I would think.

As an aside, the banks will pay the Government for that guarantee, in cash. You don’t get something for nothing. Muppetry from Fine Gael saying it’ll cost every household €250k. This could be a nice source of income for the Government, even though we haven’t seen the terms of it yet so, perhaps the banks will have negotiataed a deferred payment schedule or something like that. Rest assured it’s not free money though…

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