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Woman jumps to her death from Bilbao apartment balcony as bailiffs arrive to...
A woman jumped to her death as bailiffs approached to evict her from her fourth-floor Spanish apartment for failing to pay the mortgage. Woman jumps to her death from Bilbao apartment balcony as...
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Vigil after second home eviction suicide in Spain
Residents in a northern Spanish town of Barakaldo held a vigil on Friday night for a woman who killed herself by jumping from the balcony of her… Vigil after second home eviction suicide in Spain
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EU plagued by suicides, as deeper austerity measures enacted and economic...
November 10, 2012 – MADRID – A woman in Spain jumped to her death as bailiffs approached to evict her Friday from her fourth-floor apartment for failing to pay the mortgage, officials said. It was the...
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Spain seeks new law to curb repossessions
Spain will try to establish an emergency all-party agreement on new foreclosure regulations today after two people committed suicide as bailiffs arrived to repossess their homes. Spain seeks new law to...
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Following public outcry, Spain suspends evictions of those hit by economic...
Since 2008, Spain has repossessed about 400,000 homes. Public outrage after a woman committed suicide as she was being evicted, has lead the government to suspend eviction orders for two years....
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Spain’s banks suspend evictions
Spain’s major banks have decided to suspend the evictions of the most financially vulnerable. The leading political parties have also agreed to… Spain’s banks suspend evictions
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Spanish banks halt evictions amid growing protests
Spain’s major banks agreed on Monday to suspend some evictions of homeowners unable to pay their mortgages after hundreds of thousands of Spaniards lost their homes during the crushing economic crisis...
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Spain suspends home evictions in face of protests
Spain is to introduce measures to help the most needy families from being evicted. It follows a growing protests over the problem which is blamed… Spain suspends home evictions in face of protests
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Spain offers residency to anyone buying a home worth more than £130,000 in...
Spain has more than 700,000 unsold houses following the collapse of its real estate market in 2008 and the situation shows no sign of improving with the country’s struggling economy. Spain offers...
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Spanish government struggles to respond to home eviction suicides
In less than a month, at least five people who were about to be forcefully evicted from their homes committed suicide. The issue is galvanizing opposition to austerity measures. Spanish government...
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European Commission Approves Bailout of Four Spanish Banks
The payment of 39 billion euros, or $48 billion, approved on Wednesday is conditional on the banks laying off thousands of employees and closing offices. European Commission Approves Bailout of Four...
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The Insufferable Human Drama of Evictions in Spain
With 500 families being evicted in Spain every day, foreclosures have become a source of great suffering. But luckily, there are still those who resist. Throughout this crisis, there has always been a...
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In Spain, Having a Job No Longer Guarantees a Paycheck
With the regional and municipal governments deeply in debt, even workers like bus drivers and health care attendants, dependent on government financing for their salaries, are not always paid. In...
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Hard Times in Spain Force Feuding Couples to Delay Divorce
Spaniard couples are staying in troubled relationships longer as a result of the economic crisis and are paying the emotional price because they cannot afford the price of divorce. Hard Times in Spain...
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‘An Economic Time Bomb’: The World’s Unemployed Youth
It doesn’t matter if you’re in Barcelona or Baghdad. If you’re young, there’s a very good chance you don’t have a job. A protester throws a stone at policemen during riots in Syntagma square in Athens...
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Loan Default Rate Hits 11.23% in Spain, a New Record; Construction Defaults...
Via Google translate El Blog Salmon reports Delinquencies expose the shame of Spanish banks How could it be otherwise, the delinquency has grown back no more and no less than 11.23% during the month of...
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60% of Spanish Companies are Losing Money, Social Unrest Evident;...
Via Google translate from Libre Mercado, Joan Rosell, the president of the Spanish Confederation of Employer Organizations (CEOE) has estimated 60% of Spanish Companies are Losing Money. This is a...
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Madrid: Public transport strike against austerity
Bus and underground workers have started a two-day strike in Madrid that will affect Spain’s biggest weekend of the Christmas season. They are angry… Madrid: Public transport strike against austerity
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Spain young jobless rate hits 55%
Spain’s unemployment rate jumped to a record 26% in the last three months of 2012, with the rate for young people out of work topping 55%. Spain young jobless rate hits 55%
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5 Ways to Understand Just How Absurd Spain’s 26% Unemployment Rate Is
(1) A 26% unemployment rate in the United States would mean 40 million people unemployed. 5 Ways to Understand Just How Absurd Spain’s 26% Unemployment Rate Is 5 Ways to Understand Just How Absurd...
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