New law allows a halt to NPRF contributions

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IRELAND - A bill allowing the government to take a hiatus from making contributions to the National Pensions Reserve Fund (NPRF) is expected to be passed into law today.

The bill, the Credit Institutions (Stabilisation) Bill 2010, is meant to give Minister of Finance Brian Lenihan more control over the NPRF's assets and banks in order to comply with the mandates of...

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