Spanish banks occupied | libcom.org
▻http://www.libcom.org/blog/spanish-banks-occupied-11072013
Hundreds of activists from the Platform for Mortgage Victims (PAH) have occupied a branch of the Banco Popular Bank, and the BBVA bank, both in Barcelona.
Activists have taken up the case of Jose Antonio Gomez. Jose signed for a loan of 390,000 Euros, and despite repaying over 100,000 Euros - interest rates mean the debt has now risen to 590,000 in less than 5 years.
Jose’s circumstances are typical for many ordinary Spaniards who have been crippled by interest rates.