Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
I'm afraid that it is beyond the realm of possibility for most nations to do anything like this.
The NPF (check the links in the left-hand margin) invests a certain portion of the state's income in this fund.  The state is running a huge surplus due mainly due to income from the oil (and gas, to a lesser extent) production in the North Sea.
Given the current crude prices, the surplus is beyond any previous (conservative) budget.
by ask on Thu Aug 18th, 2005 at 09:04:31 PM EST
[ Parent ]

Others have rated this comment as follows:


Occasional Series