Economy

Ghost Dog

(16,881 posts)

61. Spain suspends house evictions for two years

Mon Nov 12, 2012, 01:57 PM

Nov 2012

Spanish banks are to suspend evictions for the next two years for the most vulnerable people.

An estimated 350,000 families have been evicted from their homes since Spain's property market crashed in 2008, at the beginning of the economic crisis.

The announcement comes three days after a woman in northern Spain took her own life, just before she was due to be evicted from her home.

It is not clear how they will decide who the most vulnerable people are.

The announcement came from the Spanish banking association, AEB.

/... http://www.bbc.co.uk/news/business-20299384

Edit: Sorry, this should be attached to #48.

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