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Spaniards angry over bank bailout

2012-06-10 26 Dailymotion

Indignation in Spain's capital over news of a bank bailout.<br/> <br />Protests the night before gave way to frustration Sunday morning after euro zone ministers agreed to lend the country 100 billion euros.<br/> <br />(SOUNDBITE) (Spanish) MADRID RESIDENT JOSE LUIS, SAYING:<br/> <br />"It is a disaster. Politicians are a disaster, the country is a disaster. It is a disaster. We are cheated everywhere and neither work nor honesty is worth anything. Do you want me to go on? Because for me it all looks black."<br/> <br />The loan, which is intended to shore up Spanish banks after a real estate market crash, left some residents wondering whether they would get relief.<br/> <br />(SOUNDBITE) (Spanish) MADRID RESIDENT ARTURO BRAVO, SAYING:<br/> <br />"If the problem is Spain and its citizens and not the banks, why is all that money given to the banks? I just can't understand it."<br/> <br />Spain is the fourth country to seek help out of Europe's debt crisis.<br/> <br />The EU and IMF have committed around 500 billion euros to finance bailouts for Greece, Ireland, Portugal and now Spain.<br/> <br />Lindsey Parietti, Reuters

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