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Spain's high-class escorts are refusing services to the country's bankers until they start offering bigger loans for cash-strapped families and firms.

The sex workers say their indefinite strike will continue until bank employees "fulfil their responsibility to society", it has been claimed.

Sneaky bankers were trying to circumvent the protest by claiming to be architects or engineers, the sex-workers said, adding that this was "not fooling anyone".

"It has been many years since these professionals could afford rates that start from 300 euros per hour," the Daily Telegraph quoted a sex worker as saying.

Madrid's largest luxury prostitute trade association is reportedly initiating the strike.

"We are the only ones with a real ability to pressure the sector.

"We have been on strike for three days now and we don't think they can withstand much more," said a woman, known as Ana MG.

The association said the move came after one of its members, Lucia, pressured a bank employee client to grant a loan by halting her 'sexual services.'

Mexican website SDPnoticias.com, who was joined by Russia Today in breaking the news which some have claimed is a "hoax", reported that the bankers became so desperate they called in the government for mediation.