10,000 new social housing units pledged, but still fall short of EU average
New accommodations expected by 2026 as Catalonia leads evictions in Spain
New accommodations expected by 2026 as Catalonia leads evictions in Spain
7,683 new mortgages in Catalonia, 9.3% more than a year ago
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2% cap on rent increase extended through 2023 after budget deal
Struggle for affordable housing continues despite moratorium on evictions for vulnerable people
Tribunal believes lenders lacked transparency but rules against potential payouts of millions to customers
Spanish judges set doctrine after EU court labelled previous ruling on mortgages “abusive”
European Court of Justice opens door to compensation after deciding banks may have misled customers over loans tied to fixed index
Activists claim new rule fails to address “housing crisis" and demand measures against “abusive rental prices”
Council of Ministers approves royal decree after controversial court ruling
Supreme Court comes under fire as some call for the resignation of the head of Spain's highest judicial authority
Judges reverse earlier decision favoring clients following negative impact on markets and prospects of big reimbursements costs
The European Commission (EC) urged Spain to “enact EU rules on mortgage credit” and to “fully transpose EU-wide rules on mortgages”. “If these Member States fail to act within two months, they may be referred to the Court of Justice of the EU”, the EU executive said this Thursday. The warning was extended to eight more countries Croatia, Cyprus, Finland, Greece, Luxembourg, Portugal, Slovenia and Sweden. Member States had to implement these rules in their national law by the 21st of March 2016, but having missed the original deadline, the EC warned them through letters of formal notice last May. The Mortgage Credit Directive (Directive 2014/17/EU), which was adopted on 4 February 2014, aims to “improve consumer protection measures across the EU by introducing EU-wide responsible lending practices”.