Spain Postpones Deal on Foreclosures as Opposition Talks Drag
This article is for subscribers only.
Spain’s government failed to clinch a deal with the opposition to prevent families being evicted for defaulting on their mortgages and said talks would continue today to draft a decree by the end of the week.
After six hours of negotiations in Madrid late yesterday, government and Socialist party officials agreed to reconvene today to thrash out a decree the Cabinet will approve on Nov. 15, said a government spokesman who asked not to be named in line with policy. He gave no details of the proposals.