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Wednesday, May 22, 2013 | 7:57 a.m.

Daily Digit: Bankia's 19.2 Billion Euro Loss

19.2 billion euros is today's daily digit in Europe. It's Spain's biggest ever corporate loss and it comes from troubled lender Bankia. The figures for 2012 are the result of write downs on rotten property after the bank became the focal point of Spain's banking crisis. Simon Maughan is global financials strategist at Olivetree Securities.
 
 
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