Irish Deputy Prime Minister Eamon Gilmore said an accord that paved the way to cut the country’s legacy bank debt won’t unravel as he sought to calm investor concern that German-led opposition could derail the agreement.
Apple Inc. used “loopholes” to avoid paying $9 billion in U.S. taxes in 2012, U.S. Senator Carl Levin said at a hearing that brought the company’s chief executive officer, Tim Cook, to Washington to defend the strategies.
Sept. 27 (Bloomberg) –- Ireland’s Deputy Prime Minister Eamon Gilmore talks about the European Union deal to cut the legacy debt from the 2010 rescue of the bailed-out nation's banking system, and the country's efforts to reduce its deficit. He spoke yesterday in an interview at Bloomberg headquarters in New York. (This is an excerpt of the full interview. Source: Bloomberg)