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Live News From Spain As It Happens

Keep up to date with all the latest news from Spain as it happens. The blog will be updated constantly throughout the day bringing you all the latest stories as they break.

Bank staff protest against thousands of redundancies
Wednesday, January 30, 2013 @ 11:25 PM

STAFF working for Bankia and Banco de Valencia have staged a strike and protest march today over the mass redundancies about to take place. The demonstration, which is being held across the country, is a prelude to a nationwide bank workers' strike on Wednesday, February 6 – the first-ever in the sector since the 1990s. In response to EU demands, banks which have been bailed out have been ordered to carry out radical restructures, including eliminating thousands of staff members in a country which already has one of the worst unemployment rates in Europe, with 26.6 per cent of the population, or six million people, out of a job.

 

Read more at thinkSPAIN.com



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