http://www.efinancialnews.com/story/2010-11-29/france-seizes-euro-36bn-of-pension-assets
France seizes €36bn of pension assets
Asset managers will have the chance to get billions of euros in mandates in the next few months for the €36bn Fonds de Réserve pour les Retraites (FRR), the French reserve pension fund, after the French parliament last week passed a law to use its assets to pay off the debts of France’s welfare system.......................