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How to Avoid Eviction in Spain, If You’re a Duke
A member of Spain’s royal family is among those having trouble paying the mortgage, but apparently the Duke of Palma doesn’t have to worry about losing his home. His bank has given him a four-year reprieve on payments.
The Duke of Palma’s multi-million dollar house in Barcelona. (Photo: Gerry Hadden)
Spain’s fiscal crisis has lead to hundreds of thousands of evictions.
A member of Spain’s royal family is even among those having trouble paying the mortgage but apparently Iñaki Urdangarín, the Duke of Palma doesn’t have to worry about losing his home.
His bank has given him a four-year reprieve on payments. The World’s Gerry Hadden reports from Barcelona.