Troubled Spanish lender Bankia has seen its share price drop over 28 percent as the stock exchange in Madrid opened on Monday morning.
The plummet of 45 cents meant shares were initially trading at 1.12 euros – a loss of more than 70 percent since the bank’s shares were listed on the stock exchange last July.
Bankia temporarily suspended trading on Friday as it was forced to ask for 19 billion euros – the largest bailout from the state in Spanish banking history.
This further request followed an injection from the government of 4.5 billion euros this month.
Bankia is heavily exposed to Spain’s collapsed property sector.
- 1Myanmar refuses sole responsibility in Rohingya migrant crisis
- 2Russia ‘amassing artillery’ near border with eastern Ukraine, reports suggest
- 3Greece designs new two-euro coin amid fears of Grexit
- 4Putin classifies Russian troop deaths during peacetime a state secret
- 5Nigeria: Buhari inaugurated in first democratic transfer of power
- 1Snowden, Assange and Manning statues unveiled in Berlin | euronews, world news
- 2Chomsky says US is world’s biggest terrorist | euronews, the global conversation
- 3euronews live TV - News | euronews : the latest international news as video on demand
- 4Nepal: ‘equally big earthquakes coming in eastern regions,’ expert tells euronews | euronews, world news
- 5It’s a girl: Britain’s Duchess of Cambridge gives birth in London | euronews, world news
- 6Juncker to Hungarian PM Orban: “Hello, Dictator!”
- 7Evidence of ancient wine found in Georgia a vintage quaffed some 6,000 years BC
- 8International tv news | euronews: European and International tv news bulletin
- 9Exclusive: unrest in FYR Macedonia could hit other Balkan countries warns Serbian PM | euronews, world news
- 10International breaking news | euronews online world breaking news in video
- 11Portuguese language reform law goes global | euronews, world news
- 12EU membership remains Serbia’s priority, says PM Aleksandar Vucic | euronews, the global conversation
- 13How Nepal earthquake devastated Kathmandu’s UNESCO heritage | euronews, world news
- 14Spanish voters punish mainstream parties in local and regional elections
- 15Spain: the viral soldiers fighting in Madrid and Barcelona mayoral races | euronews, world news
- 16We will not be moved! China’s urban spread resistance [PHOTOS]
- 17Watch: France’s Jean-Marie Le Pen clashes with UKIP MEP Woolfe | euronews, world news
- 18Recharging without cables: the road ahead for electric cars
- 19Andrea Ferrari: the graphene guru | euronews, science
- 20eurovibes - a selection of Europe’s best music talent
Wires > News
- 22:05 CET Islam centre stage as Turkish election campaign enters final week
- 21:52 CET Probes of child abuse in Central African Republic should intensify…
- 21:50 CET Venezuelan opposition holds rallies for imprisoned leaders
- 20:42 CET EU criticises ‘unjustified’ Russian travel blacklist
- 20:19 CET Islamic State blows up empty prison complex in Syria’s Palmyra
- 19:28 CET U.S. and Iran address obstacles to nuclear deal as deadline nears
- 17:53 CET Russian aircraft head off U.S. destroyer in Black Sea – RIA
- 17:51 CET U.S., allies conduct 22 air strikes against Islamic State…