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bankia

This tag is associated with 2 posts

Spanish bankers bailed out again

Rajoy’s strategy on the banks: privatise the gains, socialise the losses Six months ago Mariano Rajoy pledged not to give ‘a single euro of public money’ to the banks. Last week, this promise went the same way as his pledges on not raising tax: in the shredder. Spain’s right wing prime minister has unveiled yet … Continue reading

No more bailouts, time to nationalise the banks, say Spanish radicals

United Left called Tuesday on Spanish MPs to back its proposals to nationalise the country’s ailing banks and create a ‘public bank’  to start digging Spain out of recession. Alberto Garzón, economic spokesman of the Communist-led coalition, rejected plans to bailout the country’s third largest  bank, Bankia, and said it should be taken into public … Continue reading

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