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Tue 02 Feb 2010State 'to increase stake in banks'
The governor of the Central Bank, Patrick Honohan, has said the Government will take additional equity stakes in the Irish banks as part of the recapitalisation process.
Although he could not “put a number” on the future cost to the State of recapitalising the banking system, Mr Honohan said the overall net cost will be “manageable”.
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