By Euro Weekly News Media • 20 March 2013 • 15:50
Tragic death of swimmer at Almeria beach is reminder of dangers of rising temperatures
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A new ruling by Europe’s highest court could make it harder for Spanish banks to evict homeowners.
The rise in forced evictions has provoked much anger and several suicides have been linked to people losing their homes. Spain’s deep recession and high unemployment has prompted the housing crash.
Now, the European Court of Justice says the country’s mortgage laws are too harsh for borrowers who are having trouble paying.
The European decision backs some Spanish judges who have stopped evictions when homeowners contested clauses in their contracts.
Activists from the Platform of Mortgage Victims have welcomed the ruling. However, some analysts say it will only apply to a small percentage of cases and do little to alleviate Spain’s chronic mortgage problem.
The government says the European court’s decision will be incorporated into Spanish law.
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