asked the Minister for Agriculture if he will renegotiate with the EC regarding the interest rate payable by the Commission on intervention which should be the actual rate in Ireland's case and not 7 per cent because of the uniquely high interest rates in Ireland.
Written Answers. - Intervention Interest Rates.
157.
In view of the tight budgetary situation in the Community, the cost of financing intervention, the general level of interest rates and the outlook for such rates, the 7 per cent is the best deal which can be secured at present.