Spain to get EU bank aid Dec 15 in return for job losses: report

European authorities will transfer 35 billion euros to Spain’s state bank rescue fund on December 15 in exchange for massive layoffs at Spain’s four nationalized banks, including state-rescued Bankia (BKIA.MC), El Pais newspaper reported on Sunday. The cash injection from European bailout funds w…

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Spain to get EU bank aid Dec 15 in return for job losses: report

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