//
you're reading...
Spain

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 

About revoltingeurope

Writer on Europe's Left, trade union and social movements @tomgilltweets or @revoltingeurope

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Twitter Updates

Enter your email address to follow this blog and receive notifications of new posts by email.

Follow Revolting Europe on WordPress.com

Subjects

THE EURO

The Dossier

FRANCE

GERMANY

GREECE

ITALY

PORTUGAL

SPAIN