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Posted in European Crisis

Spain’s Bankia sees shares dive after bailout plea – Full story

(via AFP)

Troubled Spanish bank Bankia plummeted on the stock market on Monday after it sought a 19-billion-euro ($24-billion) state bailout, raising doubts about the entire financial sector. After diving by as much as 29.30 percent in early trade, Bankia shares were down 19.1 cents – or 12.17 percent – at 1…

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