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Bankia Chairman Rodrigo Rato sacrificing 1.2 million Euros
Former chairman of Bankia Rodrigo Rato sacrificing his severance pay of 1.2 million Euros. Rodrigo Rato employment contract includes a clause that prevents him from working on any other bank, two years...
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Spanish bank Bankia shares almost worthless
Spanish Bank Bankias shareholders stand to lose almost all their invested capital. Sources quoted by El Pais says that the EU Commission as offsets for the aid package of 23.5 billion Euros, among...
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Spanish leading judges require resources to fight corruption
Spain leading judge calls for comprehensive reforms to better combat the widespread corruption in Spain among entrepreneurs and especially among politicians. Representatives of the Spanish judges have...
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Spanish bank Bankia chairman Rodrigo Rato arrested in his home
The former Spanish bank Bankia chairman Rodrigo Rato was arrested April 16 after scans at his residence and office in Madrid, and in a law firm in Sotogrande (Cadiz). By The increases occurred a few...
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Spanish illegal car repair garages increases sharply
Thousands of illegal car repair garages are located throughout Spain, of which approximately 3,000 in Andalusia. The economic crisis in Spain has affected many industries, and the automotive industry...
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