The last hope that the State would recover some portion more than the 60,000 million of the financial rescue of 2012 was to place at a good price to Bankia, but it vanishes.

The government, including the coalition government, is willing to hand over Bankia to CaixaBank at a time when the valuation of the State's stake in the bank chaired by

José Ignacio Goirigolzarri is

around 2,500 million after the strong rise in the stock market this Friday by retaining 60% of the capital.

The appraisal

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