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Indignados march to the ‘Cave of Ali Baba’

Thousands marched in Madrid Saturday evening  to the ‘Cave of Ali Baba’ , otherwise known as the HQ of freshly ‘rescued’ bank, Bankia. Setting off 7pm local in time in Spain’s capital, crowds of indignados also expressed their anger at the wider €100 billion bail out of the country’s banking sector, agreed by the EU last weekend. Despite claims that unlike Greece, Ireland and Portugal the deal came with no strings attached, it has been followed by a recommendation from the IMF that the regressive value added (sales) tax is increased and public sector workers get a pay cut. There were demonstrations Saturday elsewhere in the country, including Barcelona and Bilboa, where banks, or ‘dens of thieves’, were also the target of popular anger.  El Publico 

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Writer on Europe's Left, trade union and social movements @tomgilltweets or email [email protected]


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