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Online Auction Platforms for Repossessed Properties to Be Launched in Greece
There is an abundance of properties that have come under Greece's four systemic banks over the past few years as bad loans have led...
Protestors Cancel Auction at Thessaloniki Courthouse, Notary Flees Angry Mob [video]
Protestors stormed into the County Court of Thessaloniki on Wednesday during the auction of a field in the region of Chortiatis. Around a hundred...
Greek Liberal Lawmakers Submit Amendment to Foreclosure Bill; Comes With Strings Attached
Main opposition New Democracy (ND) on Monday submitted an amendment to parliament for suspending first home foreclosures for debts to the state until the...
Greek Government to Freeze Home Auctions for Debts to the State
The Greek government has decided to freeze home auctions for debts to the state after a public uproar and disapproval among SYRIZA MPs.
Notaries announced that...
Citizens Stop Foreclosure Hearing of Disabled Person in Greek Court
A group of citizens called Collectives Against Auctions on Wednesday clashed with police inside a Thessaloniki court and stopped the hearing for the foreclosure...
Shocking Spiral of Unpaid Debt: Another 800 Million Euros Added to the Bill
Tax Office data shows that unpaid tax obligations are expected to reach 7.618 billion euros from January to July. Each month, foreclosures increase while...
Non-Performing Loans at Greek Banks Receive Boost by Lenders
According to sources, four systemic banks in Greece recorded new non-performing loans (NPLs) provisions in Q2, showing a significant increase from Q1.
The four banks...
Outstanding Debts to Greek State Reach €90 Bln
Greek citizens' outstanding debts to the state have reached 89.8 billion euros, with 1.2 billion added in June, according to finance ministry figures.
At the...
Marinopoulos Granted Temporary Protection From Creditors
Greek supermarket chain Marinopoulos won temporary protection after applying for bankruptcy. The court decided to protect the privately-owned group from creditor foreclosures until September...
Varoufakis: Greeks are Depressed and Homeless
Speaking at the first day of the INSP Global Street Paper Summit in Athens on Tuesday, the charismatic and controversial former Greek finance minister...