Bankia

Crisis is the watchword in Madrid. Take your pick - liquidity crisis, debt crisis, banking crisis, economic crisis, confidence crisis, investor crisis, jobless crisis. Spain, the ailing euro zone's latest problem child, has them all.

Greece election outcome won't change fundamentals: Finaport

In an interview to CNBC-TV18, Hans Goetti, chief investment officer of Finaport says Greece exiting the euro zone is now inevitable in the medium-term.

Banks recapitalisation is a 'Necessary Evil': Strategist

Recapitalizing insolvent European banks such as Bankia is a 'necessary evil', but some should still be allowed to fail, Sean Corrigan, chief investment strategist at Diapason Commodities Management, told CNBC.

Spanish debt costs spiral as crisis deepens

Spanish 10-year borrowing costs neared the 7% danger level and Bankia shares hit record lows on Monday after the government, struggling to sort out its finances, proposed putting sovereign debt into the struggling lender.