UPDATE 2-C.bank sees slow Irish recovery, bank consolidation

* Likely 2009 GDP fall of 8.3 pct, further 3 pct in 2010

* Ireland may reconfigure all but two top banks

* Recovery gradual, extended and uneven across regions

* Wants ECB to hold rates until clear signs of recovery

(Adds fresh comments on interest rate policy, share prices)

By Padraic Halpin and Andras Gergely

DUBLIN, July 14 (Reuters) - Ireland will probably begin a gradual economic recovery in late 2010 but this is unlikely to take hold until 2011, Ireland's central bank Governor John Hurley said on Tuesday.

Hurley said Ireland's gross domestic product will likely shrink by 8.3 percent this year, the same as forecast by 10 economists in a Reuters poll last month [ID:nLT369315], with the pace of contraction slowing in 2010.