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Thursday, 10/15/2020 2:21:29 AM

Thursday, October 15, 2020 2:21:29 AM

Post# of 147295
And because of negative interest rates in the EU, the escrow account is set to lose €70 million, a year as negative interest rates persist across the euro zone at a time when the European Central Bank is charging banks minus 0.5 per cent to hold their money.

https://www.irishtimes.com/business/economy/ireland-s-apple-escrow-account-cost-3-9m-to-set-up-1.4035238

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