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El blog de Maria

Your daily Spanish Law reporter. Have it with a cafe con leche. www.costaluzlawyers.es

Legal tip 828. On crisis and law 57/68
Thursday, September 27, 2012 @ 11:18 PM

 Because the 60´s were different times ( I am not telling about Franco) and consume, credit, banks... life were a completely different thing to what they have ended up being now, Law 57/68 ( passed in 1968) has been the miracle by which many property buyers , you among them, who bought properties off plan during the crazy years have recouped or will recoup their hard-worked earned money. In many cases savings of a whole life of work and sacrifice.

The world should look to Spanish wise and balanced Law 57/68 and what a Bank was then. An institution of trust for the protection and right investment of your money. A pro-person institution, as all are called to be for a healthy society.

Many judges in Spain have already understood,and the number will increase along next years, that they are pivotal to finantial reform and call the so challenging and beautiful battle for social justice within the banking world and  financial system.

New times coming. Yeah.

"Patio in a house of Medina Sidonia", (Cadiz, South of Spain).

 



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