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Spain: protests against Bankia cutback plans

2012-12-24 1 Dailymotion

There have been protests in cities across Spain by bank workers, angry at plans by the country's second biggest savings bank to slash jobs and pay.<br /><br />Bankia had to be nationalised in May to stop it going under, kept afloat by a government handout of 18-billion euros.<br /><br />Now managers plan to jettison 5,000 workers and cut salaries for those who remain by 40 per cent.<br /><br />...<br />http://www.euronews.net/

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