The Spanish state may only retrieve 28 percent of the multi-billion-euro aid granted to banks during the crisis, the central bank said Friday, despite past government pledges that it wouldnt cost "one euro" to the taxpayer.
In total, more than a dozen Spanish banks received 76.14 billion euros ($85.2 billion) in capital injections and financial guarantees as the sector struggled under the weight of the worldwide financial crisis and a property bubble burst in 2008.