Ireland Seizes $7 Billion From Its Pension Fund To Boost Employment Hugh O'Connell, thejournal.ie Jun. 12, 2011, 7:57 AM THE GOVERNMENT WILL use the last €5 billion in the National Pensions Reserve Fund (NPRF) to help create employment although it will need approval from the International Monetary Fund (IMF) and Europe before doing so. The Sunday Times reports today that the money will be used by the government to create as many as 80,000 jobs in Ireland. The paper cites government sources in reporting that the use of the money would be seen as more viable then the proposed sale...
