Two Spanish lawyers have launched a campaign on social networking sites to prise out information about Euribor, the reference interest rate used for calculating mortgage payments in Spain, and to draw attention to the lack of transparency surrounding the way the rate is set.

‘We designed this campaign because we suspect we may be experiencing a swindle of colossal dimensions,’ Francisco Jurado, a lawyer and a member of Real Democracy Now (DRY), the platform that gave rise to Spain’s 15-M protest movement on May 15, 2011, told IPS. Continue reading…

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