Africa | America | Asia | Australasia | Europe | India | Middle East | UK | US

Spanish couples prefer bad marriage over bad money - Feature

Posted : Fri, 17 Oct 2008 05:20:26 GMT
By : DPA
Category : Europe (World)
News Alerts by Email ( click here )
Europe World News | Home
Madrid - People may marry for love, but divorce is about money, as Spain's deepening economic crisis is making clear. This year's slowdown and the credit crunch affecting banks are cutting divorce rates, Madrid divorce lawyer Antonio Prada says, estimating the decrease at 30 per cent so far.

"It has become extremely difficult for couples wanting to divorce to sell their home at a reasonable price, and the crisis is also making it harder to maintain two separate households," Prada told Deutsche Presse-Agentur dpa.

As a result, couples which no longer have anything to say to each other stay under the same roof, developing what Prada calls "new forms of living together."

Divorce rates went into a clear decline earlier this year, when the meltdown of Spain's key property sector and the international economic conjuncture put an abrupt end to more than a decade of uninterrupted growth.

Growth has now plunged from 3.8 per cent in 2007 to close to zero, and unemployment has soared past 10 per cent. Prices of used housing dropped by more than 10 per cent in the first nine months of this year, according to the property valuation company Tinsa.

The government is now planning to inject up to 150 billion euros (200 billion dollars) into the financial system to shore up banks. If the plan fails, the collapse of housing prices and the difficulties to obtain mortgages could discourage divorces further, analysts say.

"Couples which intended to divorce may even stay together permanently," Prada says. "The economic crisis would thus help to preserve marriages" in cases where the partners have at least friendly relations, he explains.

Couples which cannot stand the sight of each other, however, are resorting to "internet divorces" based on standard contracts supplied by law firms charging low fees.

This is not necessarily leading to happier times for those involved though.

"Contracts supplied over the internet always create problems, because they do not deal with the details of dividing property, child custody and other specifics in each individual case," Prada warns.

The number of divorces has increased steadily since Spain legalized the procedure in 1981, with more than 100,000 couples untying the knot annually.

Prime Minister Jose Luis Rodriguez Zapatero's Socialist government made divorce easier in 2005.

However, Prada says the reform did not increase divorces on a large scale, because its main novelty - the abolition of the concept of the guilty party - was already being applied in practice.

While the economic slump is turning estranged couples into reluctant flatmates, it is having a similar impact on parents and their adult children.

Rising unemployment and difficulties in obtaining mortgages or credit to launch businesses is making increasing numbers of people aged more than 30 years stay with their parents or return to the family home if they have left.

The phenomenon became visible already in 2007, when the number of people moving out of their parents' homes increased only 2.8 per cent, down from 5 per cent in previous years, said Jose Luis Arroyo of the Spanish Youth Council.

"In Spain, Portugal or Italy, the family still plays an important role" compared to northern or central Europe, which offer more social benefits to young people seeking to become independent from their parents, Arroyo told the daily El Pais.

Copyright DPA

Share/Save/Bookmark

Article : Spanish couples prefer bad marriage over bad money - Feature
Print this article
Email this article

Stay Updated
News gadget on your Google homepage
Subscribe to a news feed in Google Reader


Related News

CHRONOLOGY: Seemingly minor events in early 1989 led to big changes
November 10, 1989 - Todor Zhivkov is ousted in a party coup in Bulgaria. A few days later, his successor, Petar Mladenov, announces an effective end of the totalitarian regime. ...

Coup toppled Bulgaria's Zhivkov, staving off revolution - Feature
Sofia- The unthinkable happened when the Wall fell in Berlin on November 9, 1989. Something equally unthinkable occurred a day later in Bulgaria, when Communist dictator Todor Zhivkov stepped down after a reign of more th...

Three dead after tunnel collapse in Andorra - Summary
Andorra- At least three construction workers died when a traffic tunnel collapsed in the small south-western European country of Andorra Saturday, Spanish radio broadcaster RNE reported. Search efforts are underway in the rubble for one more missing ...

Friend of Kampusch's abductor is named as additional suspect
Vienna - The kidnapping case of a woman kidnapped at age 10 and held prisoner for eight years could take a new turn, as the Austrian prosecutor confirmed Saturday that there was a second suspect besides the initial abductor. Natascha Kampusch, 21, ha...

ANALYSIS:Germany's 'no-name'Westerwelle's wide-eyed foreign debut
Berlin - Guido Westerwelle had a busy first week in office. Hours after being sworn in as Germany's new foreign minister, he was shaking hands at an EU summit, looking the part of the new boy on his first day at school. I...

US defence officials present mixed picture on Afghanistan - Summary
Hamburg/Brussels - US officials speaking about the future US role in Afghanistan Saturday presented a mixed image of US policy plans for further engagement in the wartorn country. White House national security adviser General James Jones voiced stron...

Top US security man sceptical about Afghan troop build-up: Spiegel
Hamburg - The top White House national security adviser General James Jones has voiced strong scepticism about boosting troop levels in Afghanistan, warning that the conflict could swallow them up, the German weekly Der Spiegel reports in its lates...

Have your Say
Name
Email
Subject
Your Comment

Enter Verification code
 
  

 

 

More Europe (World) News click here
Follow The Earth Times
Subscribe to RSS Follow Earth Times on TwitterNews by email
Share/Save/Bookmark

 
 



 
Subscribe to free Earthtimes
News Alerts by Email Click here
For RSS Feeds Click here
or Create your own RSS

Add to Google Toolbar
Breaking News
Press Releases

 


The Earth Times
News Category

© 2009 www.earthtimes.org, The Earth Times, All Rights Reserved | Privacy Policy
Earth Times accept no responsibility or liability either directly or indirectly for views or opinions expressed in articles or comments.