09.02.2009 - Irish banking sector mired in borrowing costs
From FT: Ireland can dip into its National Pension Reserve Fund, a sovereign wealth fund established in 2001 as a far-sighted initiative to anticipate the greying of Ireland's population. It was originally set up to part fund the future pensions of retiring public sector workers. The fund was only meant to be drawn down from 2025...... Full Article: Source