Irish government to begin phased exit from Bank of Ireland holding By Reuters
By Padraic Halpin DUBLIN (Reuters) - Ireland's government will begin to sell down part of its 13.9% shareholding in Bank of Ireland over the next six months, Finance Minister Paschal Donohoe said on Wednesday, marking the state's first sale of any bank shares since 2017. Ireland pumped 64 billion euros ($76.3 billion) or almost 40% of its annual economic output - into its banks a decade ago after a property crash had left its now mostly state-owned banking sector requiring the biggest state rescue in the euro zone. Bank of Ireland was the only lender...
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