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SPAIN-MORTGAGES/
RTR3DW2R
February 16, 2013
Pensioners Pedro Romero (R), 70, and Juan Diego Cobo, 72, with a rope of chorizo sausages and a mock...
Malaga, Spain
Pensioners stand during a demonstration demanding "The right to decent housing, stop evictions, the retroactive...
Pensioners Pedro Romero (R), 70, and Juan Diego Cobo, 72, with a rope of chorizo sausages and a mock envelope with fake 100 Euro notes hanging from their necks stand during a demonstration called by Mortgage Victims' Platform (PAH) demanding "The right to decent housing, stop evictions, the retroactive payment in kind and social rents" in front of the Popular's Party headquarters in Malaga, southern Spain February 16, 2013. Spain's parliament agreed on Tuesday to debate reforms to tough mortgage laws, the focus of bitter protests in the country's economic crisis, after activists presented an petition with close to 1.5 million signatures. Public pressure on Prime Minister Mariano Rajoy to change mortgage rules has mounted as banks have repossessed 400,000 properties - most of them residential - since 2008 when a construction bubble burst and the unemployment rate spiraled up to 26 percent. Similar demonstrations were planned to take place on Saturday in several cities across Spain, according to the Mortgage Victims' Platform. The sign (R) reads, "The government of P.P. (Popular Party) is here. Godfather a chorizo sausage of P.P." and the envelope reads, "Sender: Jose Luis Barcenas". Barcenas is a former party treasurer of the People's Party." REUTERS/Jon Nazca (SPAIN - Tags: CIVIL UNREST POLITICS BUSINESS REAL ESTATE)
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