It's the bailed-out bank with the biggest proportional cost for citizens

FACUA categorically rejects the selling off cheaply of Catalunya Banc with losses equivalent to the public education and health systems cuts

The organisation criticises that no compensation whatsoever has been asked in return to the buyer, such as a stop of evictions. The Government has already spent more than 13 billion Euros of public funds on the bank. The buyer will pay, at the most, 1.187 billions.

FACUA.org
España-23/07/2014

FACUA-Consumers in Action categorically rejects the auction of the bailed-out and nationalised Catalunya Banc for a ridiculous amount at the expense of the public funds that had been cut back from the public education and health systems. Last Tuesday, it was known that the Fund for Orderly Bank R

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