Bankia

Spain is in the eye of all European countries, in concrete, all the eurozone. This is why Spain has decided to help a private bank to solve its financial problems. Every Friday our government announce a new law that drown more our weak economy. Cuts are being very several for medical and educational groups.

It’s known that Bankia has become public these last days, but this is not the end it is only the beginning of the intentions of our government. Europe doesn’t see with good eyes these Spanish intentions so it has stopped the negotiations

The BCE (Banco Central Español) don’t believe that could be possible to inject 23.000 million of Euros to this particular bank. Mariono Rajoy (the actual Spanish president) is favour to this enormous transfer meanwhile Alfredo Pérez Rubalcaba (the opposite political party) is against this transfer. 

 

In my opinion the Spanish situations is the worst I’ve ever seen and been since I have reason to. Banks are governing the governments and this is not a good way to improve and to increase economies.

Europe is comparing our situation to the Greece situation before to be rescued. Greece is living a horrible economic situation and we are not far of them. People don’t have enough money to live. The unemployment is more or less as ours. People are angry with politics (who years and years have live like authentic millionaires).

I don’t know how Spain will solve Bankia’s problem but I only know that people are leaving in streets to protest (they are called Indignats). Some people think that we will be rescued this summer but others (more optimistic) believe that a solution is still possible. Pessimistic and optimistic are agree that it could be an injustice to help with 23.000 million euros (money from the citizens) a private bank.