Spain May Re-Capitalize Bankia Without EU Money

Spain is considering pumping its own money into Bankia group to re-capitalize the country’s biggest nationalized lender rather than use the emergency portion of a 100 billion-euro ($125 billion) bailout from the European Union, two people with direct knowledge of the matter said.
Putin Takes a Pay Cut as Approval Rating Rises to 85%
44:21 - EU ministers reviewed the status of sanctions against Russia at a meeting in Riga, Latvia while Russian President Vladimir Putin announced a cut in his pay as his approval rating rose to 85 percent in a new poll. Bloomberg’s Henry Meyer reports on “The Pulse.” (Source: Bloomberg)
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