June 20, 2019 / 8:43 AM / 4 months ago

ECB's de Guindos says Spain within deadline to sell further stake in Bankia

FILE PHOTO: Vice-President of the European Central Bank Luis de Guindos attends event marking Latvia's five years with the Euro in Riga, Latvia January 7, 2019. REUTERS/Ints Kalnins

MADRID (Reuters) - European Central Bank Vice President Luis de Guindos said on Thursday that the Spanish government was still within its deadline to sell any further stakes in state-owned Bankia.

Spain aims to sell its 61.4 percent stake after pumping 22.4 billion euros (£19.9 billion) into a rescue package for Bankia in 2012 at the height of the financial crisis.

The state has until 2021 to offload the stake.

Reporting By Jesús Aguado; Editing by Paul Day

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