Guaranteed Rent | Spain hopes to draw European Central Bank into funding Bankia bailout
Bankia’s president, Jose Ignacio Goirigolzarri. It has asked Madrid for €19bn in financial support just as a credit rating agency downgraded it to junk status. Photograph: Antonio Heredia/AP Spain’s government plans to force Europe’s central bank into sharing the task of bailing out its troubled financial sector in a potentially controversial move that could spark …
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