Spain awaits bailout approval after protests

By Associated Press in Madrid | China Daily | Updated: 2012-07-21 08:02

Firemen spray foam at Madrid's Puerta del Sol during a protest against government austerity measures on Thursday. A protest movement against the measures swelled on Thursday as public sector workers stepped up demonstrations. Sergio Perez / Reuters

Finance ministers from the 17 euro countries are expected to approve conditions for a bailout loan for Spanish banks on Friday, hours after the country was hit by massive anti-austerity protests in some 80 cities.