Harris: government may refuse to give up bank shares

Change of tack in state’s campaign to be compensated for putting €25bn into AIB and Bank of Ireland.

24th August, 2014

Simon Harris, the junior finance minister, has warned that the government will not hand over its shares in AIB and Bank of Ireland to the eurozone bailout fund unless it is the “best outcome”.

It is another sign that the government is changing tack in its long-standing campaign to be compensated for the €25 billion it pumped into AIB and Bank of Ireland during the banking crisis.

It is weighing up whether it...

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