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Clone of Spain bailout 2012 6 11

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Four nationalized banks will face major cuts in order to receive nearly €40 billion in aid.
Clone of Spain bailout 2012 6 11

A statue stands at the Kio Towers, headquarters of Bankia in Plaza de Castilla on June 9, 2012 in Madrid, Spain. Bankia will have to lay off 6,000 workers and close 1,100 branches to be eligible for an EU aid package.

Pablo Blazquez Dominguez