15.10.2010 - Ireland: Call for EUR3bln 'recovery fund'
From Irishtimes.com: A 3 billion economic recovery fund should be created with finance from the National Pensions Reserve Fund, an independent think-tank said today. In its Budget 2011 proposals, Tasc also said tax increases worth 2.8 billion to the economy including a 0.28 per cent property tax and a reduction in pension tax relief to the standard rate, should be introduced. And it said 300 million could be found by cutting expenditure, including reducing consultancy fees by half, imposing restrictions on travel and subsistence and reducing support to private schools..............................................Full Article: Source
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