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News from Spain
NEWS FROM SPAIN is pleased to provide this opportunity to share information, experiences and observations about what's in the news. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.


Sunday, 10 June 2012

Spain's Bankia investors to start compensation claim


05:48 |

A group of small shareholders in Spain's bailed-out Bankia will add to a growing flurry of legal claims against the bank with a civil claim next week, as they seek compensation for investments that have been all but wiped out. Bankia, at the heart of a banking crisis that looks set to push Spain to ask for a bailout, has asked for a 19 billion euro (15.5 billion pounds) state rescue.


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