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    Home Authors Posts by alan-clendenning

    alan-clendenning

      FILE In this Nov. 19, 2012 file photo, 45-year old office manager Irene Gonzalez of Spain, left waits with a friend, to be evicted from her home in Madrid. Irene Gonzalez is a domestic violence victim, works half-time because of layoffs at her air conditioning employer and is a single mother caring for her two children at the small apartment she and her ex-husband bought during Spainís economic boom years. These factors that should prevent her from being kicked out under a new Spanish decree aimed at protecting the needy from being made homeless after at least two economically desperate Spaniards facing eviction committed suicide. Even if Gonzalez manages to stay in her home for a few more years, she still faces debt in unpaid mortgage principle, court fees and interest totaling close to euro140,000 that she and her ex-husband will owe for the rest of their lives. If they don't pay it off, their children inherit it. After putting in place the decree, Spain is now under increasing pressure to come up with a first-of-its kind insolvency law for the country that would allow mortgage debtors to turn in their keys and face limited liability. (AP Photo/Paul White, File)
    Business

    Spaniards hope for eviction reprieve amid crisis

    alan-clendenning -
    December 10, 2012 8:10 pm
    0
    Spain PM: Bailout request is not imminent
    Business

    Spain PM: Bailout request is not imminent

    alan-clendenning -
    October 2, 2012 4:51 pm
    0
    Protestors gather near Parliament demonstrating against austerity measures announced by the Spanish government in Madrid, Spain, Saturday, Sept. 29, 2012. Tens of thousands of Spaniards and Portuguese rallied in the streets to protest enduring deep economic pain from austerity cuts. In Madrid, demonstrators approached parliament for the third time this week to vent their anger against tax hikes, government spending cuts and the highest unemployment rate among the 17 nations that use the euro. Banner reads 'Hate debt, referendum'.(AP Photo/Daniel Ochoa De Olza)

    Madrid anti-austerity protests turn violent again

    alan-clendenning -
    September 29, 2012 4:00 am
    0
    Protestors march to the parliament against austerity measures announced by the Spanish government, in Madrid, Spain, Tuesday, Sept. 25, 2012. Spain's Parliament has taken on the appearance of a heavily guarded fortress with dozens of police blocking access from every possible angle, hours ahead of a protest against the conservative government's handling of the economic crisis. The demonstration, organized behind the slogan 'Occupy Congress,' is expected to draw thousands of people. It is due to start around 1730 GMT Tuesday. Madrid authorities said some 1,300 police would be deployed. The protestors call for Parliament to be dissolved and fresh elections held, claiming the government's austerity measures show the ruling Popular Party misled voters to get elected last November. (AP Photo/Andres Kudacki)

    Spaniards rage against austerity near Parliament

    alan-clendenning -
    September 25, 2012 4:00 am
    0
    Barcelona rally for Catalonia draws 1.5M marchers
    News

    Barcelona rally for Catalonia draws 1.5M marchers

    alan-clendenning -
    September 12, 2012 6:03 pm
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    Spain PM’s bailout comments spur market wariness
    Business

    Spain PM’s bailout comments spur market wariness

    alan-clendenning -
    September 11, 2012 2:26 pm
    0
    Spain PM quiet on bailout as ECB outlines new plan
    News

    Spain PM quiet on bailout as ECB outlines new plan

    alan-clendenning -
    September 6, 2012 3:15 pm
    0
      Spain's Prime Minister Mariano Rajoy speaks during a press conference at the Moncloa Palace, in Madrid, Sunday, June 10, 2012. Spain became the fourth and largest country to ask Europe to rescue its failing banks, a bailout of up to 100 billion euros ($125 billion) that leaders hoped would stabilize a financial crisis that threatens to break apart the 17-country eurozone. (AP Photo/Daniel Ochoa de Olza)
    Business

    Spain relieved, angry over humiliating bank rescue

    alan-clendenning -
    June 10, 2012 8:29 pm
    0
      Spain's Prime Minister Mariano Rajoy, adjust his glasses before a meeting with Netherlands' Prime Minister Mark Rutte at the Moncloa Palace, in Madrid, Thursday, June 7, 2012. Spain's Prime Minister appeared Thursday to have abandoned his insistence that the country's troubled banking sector will not need an external bailout, as for the first time he avoided ruling out such an option.(AP Photo/Daniel Ochoa de Olza)
    Business

    Spain’s ailing banks threaten country’s finances

    alan-clendenning -
    June 8, 2012 11:31 pm
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    Spain’s hurting banks at heart of eurozone chaos
    Business

    Spain’s hurting banks at heart of eurozone chaos

    alan-clendenning -
    June 7, 2012 6:12 pm
    0
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