Share sell-off could recover €17bn of bank bailout cost

30th December, 2014

Taoiseach Enda Kenny is preparing the ground for a share sell-off designed to recover at least €17 billion more of the cost of the bank bailout than would be achievable through the eurozone bailout fund.

This includes a test sell-off of AIB shares to establish how much could be recovered from disposing of the state’s entire 99.8 per cent shareholding in the bank.

Over the past year, the government has been changing tack in...

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