MADRID Dec 1 The Spanish government will pass a
law on Friday giving it two more years - until end-2019 - to
privatise bailed-out lender Bankia as the administration seeks
to maximise returns, a government source said on Thursday.
Bankia became the symbol of Spain's financial
crisis when it lost more than 19 billion euros ($26 billion) in
2012 because of soured real estate holdings and it needed almost
half of a 41.3-billion-euro European aid package for Spain's
Bankia declined to comment.
(Reporting By Sonya Dowsett; additional reporting by Tomas
Cobos; Editing by Rodrigo de Miguel)