Stuck digger raises €11k
Published 09/11/2011 | 06:00
A 12-hour operation to recover a 13t digger, which had been sunk in the "bottomless bog" of Annacotty, has netted more than €11,000 for charity.
An estimated 5,000 people turned up to watch a small army of agricultural contractors lift the machine from the bog on the Limerick-Tipperary border. The bog caused significant delays during the construction of the new M7 from Limerick to Dublin.
Farmer and international rugby player John Hayes officiated the start up of the Annacotty Excavator Challenge, which was organised by agricultural contractor Frank Ryan.
ECB rate cut 'must pass on'
The IFA has demanded that the banks pass on the latest ECB interest rate cut to farmers.
Farm business chairman James Kane said ECB interest rate increases had always been passed back to farmers.
"Additional costs of borrowing have put pressure on viability, deterring investment and undermining competitiveness of the agriculture sector," said Mr Kane. "The interest rate cut is intended to act as a stimulus to growth in the Eurozone economies. For this to happen, the benefit of this rate cut must be passed on."
Equine event for Fermoy