Continued foreclosures and evictions in Spain

Nearly 100 families are evicted every day in Spain, and it becomes a hot topic in the upcoming Spanish election campaign. Nearly 35,000 homes were foreclosed and the families evicted last year in Spain. This corresponds to each day resulted in 95 families up to pay mortgages to banks despite an increase in the economy, according to Spain’s government.

The number of foreclosures on primary homes rose 7.4 percent over last year totaled 34,680, overall, the number of foreclosures, including homes, offices and farms increased by 9.3 percent to a total of 119,442.

Foreclosures of primary residences – that is, homes – have been a very tough striking symbol of the economic crisis in Spain, which was triggered when the property bubble burst in 2008, property Marbella.

Groups of ordinary citizens often congregate in and around homes when the authorities should be carried out forced evictions to prevent it – often by putting their own bodies between authorities and the person or family who are in trouble.

But it is that the recovery in the Spanish economy has begun glimpsed the light at the end of the tunnel. Spain faces a number of choices this year, beginning with regional elections in Andalusia March 22 and ends with the parliamentary elections, which are expected to be in November or December, and foreclosures and evictions will be one of the hot topics in the election campaign along with politician corruption, money laundering and banks scams.

Spain’s ruling Partido popular argues that the crisis is finally over, and the euro zone’s fourth largest economy is finally on its way to fully recover. The economy grew by 1.4 percent in 2014, and it was the first full year of growth since the bubble burst in 2008.

All the Spanish opposition parties point out that more than one in five people are out of work, even though unemployment is slowly declining and there is nothing radically from the government to oppose it.

Spanish bank intervened due of money laundering

Bank of Spain has decided to intervene Banco de Madrid, as a direct consequence of the intervention of their parent bank Banca Privada de Andorra BPA.

The measure is said to be done to ensure that the Banco de Madrid managed correctly. The Government of Andorra has intervened Banca Privada de Andorra BPA after accusations from US on money laundering. Both individuals and states like Russia, Venezuela and China would, according to the US Administration utilize the bank for money laundering.

Banca Privada de Andorra BPA is the same bank where the corruption and bribery accused the Catalan family Pujol with the father and Catalonia ex-president Jordi Pujol had their hidden illegal money.

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