Spanish government connector domestic the fourth bank Bankia
The associated press headlines publishes the text 《Spanish government connector domestic the fourth bank Bankia 》 , now the full text summary is as follows:Spanish May 9 local time of Ministry of Finance late declares that SpanishOakley Polarized Sunglasses government will take over the country's fourth banks and Bankia banks, implementation effective of nationalization with resume Spanish banking, Spanish public finance tries to express that Spain doesn't need to are like the salvage measure that Greece, Ireland and Portugal needs at the same time.According to report, according to the agreement for reaching with Spanish government, Bankia will in 2010 and the EUR 4,500,000,000(USD 5,900,000,000) government funds receiving in 2011 convert into parent company share and carry out a nationalization to control thus.Before now because Spain suffered real estate hot, resulted in the bank appear to lent money in great quantities and badly, made Spanish banking appear the problem loan of about EUR 34,000,000,000.But Spain is that the euro area is 17 tallest jobless rate nation in nations, force currently SpanishBuy Oakley Sunglasses government declared bank in last Friday the system reforms the plan is frozen by releasing of letter loan.According to know, Spanish government will finally acquire 45% ownership of a shares of Bankia bank, the Bankia board of directors has already granted a plan.Before the news announces, decline 5.8% for Bankia bank stock price continuous three bargain days, Spanish stock market falls 2.8% at present in Wednesday's closing price.
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