Saturday, May 26, 2012

Bankya is the reasons for the rescue, the question of the Spanish Government the Saturday

Saturday morning one of the largest banks in Spain, Bankia, convened a press conference to explain that the reasons for the rescue of 24,000 million requested the Spanish Government.

The price of Bankya was suspended Friday in the Madrid stock exchange request for help.

The rescue of the Bank, which was nationalised in some two weeks, would be the largest of its kind in the history of Spain.

Our correspondent in Madrid, Tom Burridge, reported use the Conference anticipated Bankia Council to clarify how you restructure your business.

Click to read: Bankya, the unstable part of the financial puzzle in Spain

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