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EU court condemns evictions of Spanish mortgage defaulters

14.03.13 @ 15:25

  1. By EUOBSERVER

The European Court of Justice on Thursday ruled against Spain's mortgage legislation, saying that norms regulating the evictions of mortgage defaulters violated a European directive on consumer protection, DPA reports. An estimated 350,000 people have lost or are about to lose their homes over unpaid mortgages in crisis-hit Spain.

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