October 26, 2014
MADRID (AP) - Demonstrations are being held across Spain to protest harsh repossession laws that have led to hundreds of thousands of evictions during the country's deep recession.
In Madrid - one of 50 cities where such protests were planned Saturday - thousands of people marched to demand that the government amend the laws.
More than 350,000 Spaniards have received eviction orders since 2008 because they were unable to make mortgage payments.
Most of those evicted remain liable to repay the sum originally borrowed, even as the value of their homes plunges, rendering them hard to sell.
Madrid protester Carlos Gomez, 40, said Saturday that he has been warned he will be evicted in April.
On Tuesday, a retired married couple committed suicide in Spain, leaving a note saying they also were about to lose their home.