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Spain's politicians pledge to stop evictions after suicide

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.

 

How Spain's regions got into trouble

Eurozone Crisis

Spain's 17 regional governments are a big part of the country's financial problems. Like the regional savings banks, they are victims of the country's property boom and bust. During the boom years, regional government tax revenues were swelled by stamp duties on property sales, and by income taxes paid by immigrants that came to work on the country's construction sites... Then the bust came...

Senh: Europe is finally feeling the effects of the housing bubble and financial crisis of 2008 that affected the U.S.

 

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