Funds asked for $4bn infrastructure assistance - UPDATED

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IRELAND - Pension funds may be used to fund an ambitious range of infrastructure projects as part of the emergency budget unveiled by the Irish government, while public servants will be subject to higher pension contributions.

Against a projected 7.7% economic contraction this year, the Budget included a range of measures designed to plug the shortfall and help restore growth to the beleaguered former Celtic Tiger. The I...

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