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Shares plummet in ailing Bankia finance group

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Dagmar ZindelMay 28, 2013

Shares in the Spanish finance group Bankia have plunged, enraging small shareholders who said they were cheated into making risky investments and have therefore lost most of their money. Created in 2010 from the merger of seven troubled savings banks, Bankia has become a symbol of Spain's banking crisis. Last year it was bailed out and has received billions from a Eurozone rescue package.

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