About: Bankia

Politics 26-10-2018

Former IMF chief to serve four years in prison over ‘black cards’ case

Former managing director of the International Monetary Fund and ex-Finance minister of Spain Rodrigo Rato entered into prison on Thursday (25 October) to serve four-and-a-half-years term over ‘black cards’ case.
Euro & Finance 12-12-2016

EU tells Spain to privatise two banks, praises financial sector progress

The European Commission and European Central Bank have told Spain that it must complete the privatisation of the Bankia and BMN banking institutions, in order to shore up its financial sector. EURACTIV Spain reports.
EU Priorities 2020 25-08-2014

Merkel backs Spain’s de Guindos to lead Eurogroup

Germany will back Spanish Economy Minister Luis de Guindos as the next head of the Eurogroup of eurozone finance ministers, replacing the Dutch finance minister, Jeroen Dijsselbloem, Chancellor Angela Merkel said on Monday (25 August).
Euro & Finance 05-03-2013

Small investors take a hit for Spain’s Bankia rescue

EU regulators will order shares of Spain's Bankia be valued at just €0.01 each, a European Commission source said on Tuesday (5 March), meaning shareholders including thousands of ordinary Spaniards will be hit hard in a debt-for-equity swap to boost the bank's finances.
Euro & Finance 11-06-2012

Spain joins ‘the Group of Debt’

Madrid has secured €100 billion to rescue its banks in an attempt to pre-empt the threat of a bank run if the debt crisis in another troubled country, Greece, flares again. But angry Spaniards accused Prime Minister Mariano Rajoy of ill-timed triumphalism and an inappropriate trip to Poland to watch Spain compete in the Euro 2012. 
Euro & Finance 05-06-2012

G7 finance chiefs gather round Spain’s sick bed

Finance chiefs of the Group of Seven leading industrialised powers will hold emergency talks on the eurozone debt crisis today (5 June) in a sign of heightened global alarm about the situation in Spain.