Protest: Miners stand behind burning barricades in Oviedo, Spain, as they strike against cuts in government subsidies to the sector
Anger: The miners' strike is part of a nationwide day of action
Spain, which is in recession and has an unemployment rate of nearly 25 per cent, is seeking to shore up its banking sector against market fears about the country’s financial health.
Its economy minister Luis de Guindos said the government will pump at least £7.2billion of public money into nationalised lender Bankia.
Many Spanish lenders are heavily exposed to Spain’s burst real estate bubble. Bankia is the worst off of all, with £26billion in toxic assets.