Reuters: Financial Services and Real Estate: Spain's Bankia to ask state for over 15 bln euros

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Spain's Bankia to ask state for over 15 bln euros May 24th 2012, 20:30 MADRID | Thu May 24, 2012 4:30pm EDT MADRID May 24 (Reuters) - Troubled Spanish lender Bankia will ask the state to bail it out for more than 15 billion euros ($19 billion) when its new management team presents a restructuring plan on Friday, a financial sector source said late on Thursday. Neither Bankia nor the government would comment on the matter on Thursday.

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