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Sunday, 11 November 2012 - Spain's politicians pledge to stop evictions after suicide |
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      Edition: U.S. Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Legal Deals Earnings Social Pulse Business Video The Freeland File Aerospace & Defense Investing Simplified Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB Dividends World World Home U.S. Brazil China Euro Zone Japan Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Election 2012 Campaign Polling Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Social Pulse Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Nader Mousavizadeh Lucy P. 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Credit: Reuters/Sergio Perez MADRID | Sat Nov 10, 2012 1:51pm EST MADRID (Reuters) - Spain's conservative prime minister and the leader of the opposition aim to agree measures on Monday to stop banks evicting homeowners after a woman's suicide before her property was repossessed caused public outrage. "No one should be without a home for not being able to pay," Alfredo Perez Rubalcaba, leader of the opposition Socialist Party said on Saturday. Northern Spanish mortgage lender Kutxabank said it was suspending repossessions after 53-year-old former Socialist councillor Amaia Egana threw herself out of her fourth-storey apartment window in Barakaldo in the Basque Country as court officials came up the stairs to evict her on Friday. Egana's death, the second eviction-related suicide in Spain in recent weeks, added urgency to an agreement reached on Wednesday between the ruling conservative People's Party and the Socialists to seek a bipartisan deal over repossessions. Graffiti accusing bankers of murder and calling for an end to evictions appeared on some bank branches in the Basque Country on Saturday, Spanish media reported. "We are living through things that no one likes to see, situations that are competely inhumane," Prime Minister Mariano Rajoy told a political meeting hours after Egana's death. "I hope that on Monday we'll be able to talk about a temporary suspension of evictions for the most vulnerable families." One measure would be to grant grace periods, Spanish media reported. Rajoy said the rules would not be retroactive, while Rubalcaba called for previous evictions to be included. There have been nearly 400,000 evictions in Spain since a property bubble burst in 2008. Unemployment hit 25 percent in the third quarter, a record high and the European Commission expects the economy to contract 1.4 percent this year and next as the second recession since the end of 2009 drags on. Last week, European Union Advocate General Juliane Kokott issued a non-binding report concluding that Spanish legislation on evictions contradicts European norms for protecting consumer rights. Europe's highest court will now have to deliver an opinion. Jose Miguel Domingo, a newsstand owner in Granada, in southern Spain, hung himself on October 25, before he was due to lose his home, local media reported. The same week an unemployed man in Burjassot, a town in the eastern region of Valencia, threw himself off a balcony on the day his family was to be evicted from their apartment. Reports said the man survived the fall. (Reporting By Iciar Reinlein; Additional reporting by Fiona Ortiz; Writing by Tracy Rucinski; editing by Jason Webb) World Spain Middle East Turmoil Tweet this Link this Share this Digg this Email Reprints   We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (2) nixonfan wrote:   Edition: U.S. Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter   Facebook   LinkedIn   RSS   Podcast   Newsletters   Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us   Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. 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