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Wednesday, June 13, 2012

Crisis: ''Spain suffering, debts and thefts rising steadily''

From Ansamed

''The effects of the economic crisis are weighing ever more heavily on Spanish citizens. The high unemployment rate is only the most visible part of the situation in a country in which families have begun to lack liquidity. Payments are left unpaid, and many (159 cases every day) are losing the houses that they bought in the years of plenty through a mortgage that proved overly easy to get. A million people others have found themselves with their bank accounts dry after having invested unknowingly in ''high risk financial products''. In the capital, police are meeting with an alarming increase in petty theft: theft due to hunger.''

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