UPDATE 1-Ireland sees no bailout rate cut before June

* Seeking cheaper funding remains an objective-govt spox

* Says euro zone fin min meeting not decision-making forum

(Adds govt spokesman quotes)

DUBLIN, April 6 (Reuters) – The Irish government does not
expect to be granted a cut in the interest rate it pays for the
EU part of its 85 billion euro bailout before June, a government
spokesman said on Wednesday.

Irish media had speculated that the rate might be cut at an
informal meeting of euro zone finance ministers on Friday in
Budapest.

“Given that it (the finance ministers’ meeting) is not a
decision-making forum, it is not the case that some finality
will be brought to a reduction in the interest rate,” a
government spokesman told Reuters.

“That remains an objective for the government however and
the work will proceed to achieve that aim.”

Ireland wants to secure cheaper emergency financing from the
euro zone’s European Financial Stability Facility, as Greece has
done, but France and Germany have demanded that Ireland raise
its corporate tax rate in return, a move Dublin rejects.

The spokesman said a report in the Irish Examiner newspaper
quoting a government official as saying finality was not
expected possibly until June was accurate.

Three euro zone sources told Reuters this week that the
interest rates would not be discussed in Budapest.
[ID:nLDE73406D]
(Reporting by Padraic Halpin and Conor Humphries; Editing by
Hugh Lawson)

UPDATE 1-Ireland sees no bailout rate cut before June