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Spain nationalises Bankia

Trying to draw a line under a four-year banking crisis, the Spanish government has effectively taken over Bankia, one of the country's biggest lenders.

Added: May-11-2012 Occurred On: May-11-2012
World News
Tags: spain, EU, europe, bankia, crisis, nationalisation, banks, economy
Location: Spain (load item map)
Views: 765 | Comments: 1 | Votes: 0 | Favorites: 0 | Shared: 0 | Updates: 0 | Times used in channels: 2
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  • Drawing a line ....Oh dear ..

    This is an open wound and there is no hope of patching it up ..Those German financiers will be forced to take a hair cut one way or the other.

    Posted May-11-2012 By 

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