The federal authorities acts with its state share with no aim | EUROtoday

The authorities's exit from Commerzbank, now introduced by the Federal Ministry of Finance, is lengthy overdue. The federal authorities has owned shares within the financial institution for nearly 16 years, and the explanation for this has lengthy since ceased to exist. But Finance Minister Lindner's predecessors had been reluctant to appreciate the losses the federal authorities made when it purchased the shares. The funding value 5.05 billion euros, and right this moment the federal share is value round 2.5 billion euros. But that was the mistaken method.