The bank's shares settled at just €0.442 at the end of trading yesterday, down by nearly 70 per cent from a recent high in April. Shares are now back to levels last seen during the lowest ebb of 2012, before the
Economist and former Bank of
Despite refusing an intervention,
The government opposition to financial aid for the struggling bank helped to reduce the cost of servicing the country's public debt, with the 10-year bond yield falling 1.42 per cent to 3.8 per cent. Last week the crisis sent the yield nudging over four per cent.
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