Reports of pension fund raid to pay for banks 'outrageous', says Hayes

Fine Gael says reports that €15bn from the National Pensions Reserve Fund is likely be used to recapitalise three of the country's banks are outrageous.

Reports of pension fund raid to pay for banks 'outrageous', says Hayes
Sat, 27 Nov, 2010 - 12:06

Fine Gael says reports that €15bn from the National Pensions Reserve Fund is likely be used to recapitalise three of the country's banks are outrageous.

The proposal is said to be part of the multi billion euro EU/IMF loan plan being finalised this weekend.

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CourtsHeathrowPerson: HayesPerson: Brian HayesOrganisation: Fine GaelOrganisation: National Pensions Reserve FundOrganisation: FineOrganisation: Pension Reserve Fund
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