activists block entrances to branches of spanish bank
Last Updated : GMT 05:12:21
Arab Today, arab today
Arab Today, arab today

Activists block entrances to branches of Spanish bank

Arab Today, arab today

Arab Today, arab today Activists block entrances to branches of Spanish bank

Barcelona - AFP

Anti-eviction activists blocked Wednesday the entrance to 12branches of Spain's Banco Popular bank, which they accuse of not doing enough toprevent struggling mortgage holders from losing their homes.Dozens of demonstrators, many wearing matching green t-shirts, gathered at thedoors of the branches of Spain's fifth-largest bank in the centre of Barcelona,chanting slogans against evictions and preventing clients from entering.The Platform for Mortgage Victims, a grassroots movement campaigning to protectruined homeowners, said it targeted Banco Popular because the lender has shown"very little will" to renegotiate the terms of mortgages held by customers who havehit hard times."It is the bank which has shown the least sensitivity and which systematically deniesoffering viable solutions to families," said a spokeswoman for the movement,Susana Ordonez.The protests will continue until Banco Popular finds a solution for 13 "urgent"cases, she added.Home evictions have become a stark symbol of the economic crisis in Spain sparkedby the explosion in 2008 of a decade-long property bubble, with anti-evictionactivists often rallying outside homes to prevent residents being turned out into thestreet.Last year Spanish courts carried out 67,189 evictions of renters and mortgageholders -- an average of 184 a day.Spanish law allows banks to pursue a defaulting homeowner to pay back the wholeof a mortgage loan even after surrendering the property, if the value of the homehas fallen.The Platform for Mortgage Victims campaigned hard for a law to allow ruinedhomeowners to write off their mortgage debts by surrendering the property, and toguarantee social housing at affordable rent.It handed a petition with 1.4 million signatures to parliament, which put thepopular motion to a debate.A version of the reform was eventually approved by parliament in April 2013, butwith so many modifications that the movement were left disappointed.Despite emerging slowly from recession in mid-2013, Spain's unemployment ratestill tops 26 percent.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

activists block entrances to branches of spanish bank activists block entrances to branches of spanish bank

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

activists block entrances to branches of spanish bank activists block entrances to branches of spanish bank

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today Japanese regulators raid Airbnb

GMT 00:44 2017 Monday ,20 November

Japanese regulators raid Airbnb
Arab Today, arab today Keep kids busy at Thanksgiving gatherings

GMT 11:14 2017 Friday ,10 November

Keep kids busy at Thanksgiving gatherings
Arab Today, arab today Saudi, Bahrain target Iran

GMT 00:48 2017 Monday ,20 November

Saudi, Bahrain target Iran
Arab Today, arab today Europe turns on Facebook, Google

GMT 02:26 2017 Monday ,20 November

Europe turns on Facebook, Google
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Australian academic's book pulled

GMT 15:20 2017 Monday ,13 November

Australian academic's book pulled
Arab Today, arab today May under Brexit pressure at EU reform summit

GMT 02:14 2017 Saturday ,18 November

May under Brexit pressure at EU reform summit
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Driverless, electric future just round

GMT 02:45 2017 Monday ,20 November

Driverless, electric future just round
Arab Today, arab today Tesla unveils its all-electric semi truck

GMT 02:59 2017 Saturday ,18 November

Tesla unveils its all-electric semi truck
Arab Today, arab today Mona Abdel Ghany increased artistic activities

GMT 12:15 2017 Friday ,17 November

Mona Abdel Ghany increased artistic activities
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 12:22 2017 Thursday ,16 November

Hanan Metawe denies apology for “Major Treason”

GMT 11:15 2017 Thursday ,16 November

Angola oil boss sacked by father's protege

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 11:49 2017 Thursday ,17 August

Egyptian artist presents new collection of designs

GMT 02:28 2017 Saturday ,18 November

Anti-drug operation nets 4 tonnes

GMT 01:34 2017 Friday ,17 November

Banyan Tree Phuket Takes Festive Season

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday