(Bloomberg) -- Ireland set out plans to transform one of Europe’s rare budget surpluses into a sovereign fund expected to grow to around €100 billion ($106 billion) over the next 12 years to protect the economy from future downturns.Most Read from BloombergIsrael Latest: Top US General Warns Iran to Stay Out of ConflictSchumer Confronts Xi on Israel-Hamas Stance in Rare MeetingHamas Got Around Israel’s Surveillance Prowess by Going DarkBrutality of Surprise Attack Unites Israel Around One Goal: