Warning: file_get_contents(http://content.grabnetworks.com/v/e895dc78114be3ed58c076b45f4aacf97ce88150?from=http://muvimotv.com/business/bankia-jobs-cut-as-spains-banks-restructure-2): failed to open stream: HTTP request failed! HTTP/1.1 503 Service Unavailable: Back-end server is at capacity in /home/muvimotv/public_html/wp-content/plugins/grabmedia-importer/shortcode.php on line 177

Warning: file_get_contents(http://content.grabnetworks.com/v/e895dc78114be3ed58c076b45f4aacf97ce88150?from=http://muvimotv.com/business/bankia-jobs-cut-as-spains-banks-restructure-2): failed to open stream: HTTP request failed! HTTP/1.1 503 Service Unavailable: Back-end server is at capacity in /home/muvimotv/public_html/wp-content/plugins/grabmedia-importer/shortcode.php on line 177
 

Bankia jobs cut as Spain’s banks restructure

Thousands of job losses and tens of billions of euros of asset sales are part of the price of a Spanish banking restructuring that will see EU give the sector aid to try to help it out of a crisis. Joel Flynn reports

Source: Reuters Business