HITTING SIX AND STILL LEARNING NEW TRICKS - BIRTHDAY ISSUE, SEEpress PAGE- November 2 the olive 15 - 28, 2012 www.theolivepress.es
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olive press EVICTION U-TURN
FREE Banks agree to stop repossessions as hatred towards Spain’s banks intensifies following spate of suicides BANKS have been forced to halt mortgage repossessions after two cash-strapped Spaniards committed suicide. The Spanish Banking Association (AEB) has announced a two-year ban on eviction orders ‘in cases of extreme hardship’. It comes after the two desperate homeowners took their own lives just two weeks apart, leading to widespread protests. There was such public outrage that police unions even agreed to back officers who refuse to evict tenants. Amaya Egana, 53, jumped to her death from a window
The original and only English-language investigative newspaper in Andalucía
Vol. 6 Issue 148
www.theolivepress.es
By Eloise Horsfield
of her fourth-floor flat in Bilbao as bailiffs were entering the building. The ex-councillor owed over €200,000 on the flat she shared with her husband and 21-year-old son. Her death came just days after Miguel Angel Domingo, 54, was found hanged in his flat in Granada, an hour before police arrived with an eviction notice. “This cannot be allowed to go on,” said Juan Carlos Mediavilla, a judge at the scene of Egana’s death.
Homeless
This despite two million properties currently lying empty. On Monday Kutxabank announced the bank was to ‘immediately suspend’ evictions. This was followed by an AEB announcement to ban evictions in ‘extreme cases’ for two years. “Given the social alarm, the AEB has reached an agreement on humanitarian grounds,” said a statement. Meanwhile, Spain’s police union (SUP) has announced it will support officers who refuse to evict on ethical grounds. “We’re not robots, we’re human beings,” said boss Jose Manuel Sanchez.
Boyzone star’s biggest hit EXCLUSIVE
IT will not go down as his favourite hit, after Boyzone star Mikey Graham (right) was forced to sell his Andalucia home for well under the asking price. The Irish singer ‘took a hit’ of €100,000 after selling his Axarquia property for just €215,000 last week. To add to injury, the sale INCLUDED the furniture - and even one of his guitars. Ultimately I think he was just happy to get some money back,” said agent Tim Whiteley. Full story on page 33
SOLD: Mikey’s bargain home
Don’t let the Don’t thein bankslet cash banks cash in www.hifx.co.uk www.hifx.co.uk see page 13 seepage page13 17 see
November 15 - 28, 2012
“This could have been any of us. The time for talk is over.” Up to 500 people are evicted each day, with some 400,000 ejected since 2007.
‘MURDERERS’: Protesters leave their opinion on a bank window
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EXPAT TAX PROBE
DOBBED IN: Blunt and Thatcher SIR Mark Thatcher, the Marbella-based son of former British Prime Minister Margaret, is one of thousands of expats implicated in an offshore banking scandal. British expats are to be investigated after a list of HSBC’s offshore clients also including singer James Blunt who has a home in Ibiza - caught the attention of HM Revenue and Customs (HMRC). The file contains over 4,000 names and is believed to be linked to over €870 million hidden in the tax haven of Jersey.
Benahavis
Blunt, one of Britain’s most successful songwriters, is reported to have deposited more than €2.5 million in Jersey and registered the account at his parents’ address in Britain. Thatcher, who has a multimillion euro villa in the exclusive Madronal development, near Benahavis, has also been fingered. The list is the latest in a Turn to Page 4
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