Ireland’s National Debt at €84.0bn in June - - 80% held by foreign investors; National Pensions Fund made 2.3% return in H1 2010; Ireland to borrow €18.5bn+ in 2010 to keep country going
Jul 16th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
National Pensions Reserve Fund Discretionary Portfolio (the Fund excluding its bailout investments in Irish banks) earned a return of -2.6% in the three months to end June 2010 and of 2.3% over the first six months of the year. Ireland will need to borrow in excess of €18.5bn in 2010, just to keep this country going.