Search thinkSPAIN.com for  in 
spain jobs
backprinttell a friend

Banks agree to two-year moratorium on evictions in cases of extreme hardship
By:
ThinkSpain , Monday, November 12, 2012

The Spanish Banking Association (AEB in its Spanish acronym) has today announced an agreement to put a stop to evictions for the next two years for "any case involving circumstances of extreme hardship".

The announcement comes three days after a woman in the Basque Country took her own life, just before she was due to be evicted from her home. A man in Granada, whose house was also due to be repossessed, also committed suicide last month.

In a press statement just released, the banking association explained that this agreement was the result of "lengthy and intense debate" by representatives of the associated banks and has come in response to "humanitarian issues" and in view of its policy of "social responsibility" and aims to "alleviate the vulnerable situation many people have found themselves in because of the recession". It is not clear how they will decide who the most vulnerable people are.

The AEB's decision has been conveyed to the Ministry of the Economy and the Bank of Spain.

The Spanish Banking association is a professional association established in 1977 and open to all Spanish and foreign banks operating in Spain. Even though the membership of the AEB is voluntary, the vast majority of banks operating in Spain are members of the association.

 
Print Share Article RSS News Feed
print tell a friend stumble it!  delicious  digg it!  facebook   rss feed View feed | Add to my RSS reader rss feed

Latest ThinkSpain News
DGT to employ another 100 driving examiners in response to ongoing strike
Transport (inc Motoring) - (26/7/2017)
Rajoy testifies over Gürtel racket: First-ever reigning president called as witness says he had 'nothing to do with' PP finances
Politics & People - (26/7/2017)
Police bring down armed man at Melilla border crossing
Crime/Incidents - (26/7/2017)
 
Latest Legal & Finance articles
Economy minister agrees to Ciudadanos' ultimatum on lowering taxes in exchange for spending cap vote
Spain  - (6/7/2017)
Rajoy promises electricity bills 'will go down as soon as there is margin for it' and income tax will drop when deficit targets met
Spain  - (30/6/2017)
Movístar forced to retract €3,900 roaming bill from a country the customer has never visited
Galicia  - (27/6/2017)
 
  back
Follow thinkSPAIN on
Facebook Twitter
 
 
 
 
© 2003-2017 Think Web Content, S.L. - All rights reserved