Visiting another website forum I found the following disturbing post.
http://www.spanishpropertyinsight.com/forums/viewtopic.php?t=2968&sid=467baba9d395cff271db39e27985c7d9
A link at the bottom of the post leads to a petition that is being organised to send to the appropriate Euro MP.
The poster 'Suzanne' is possibly an investor rather than a holiday/retirement home purchaser.
We are nearly there and once the money from the registered purchasers is paid on completion then those who cancelled will likely get their deposits back.