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auctions

Six out of Ten Greek Debtors will See their Assets Seized by the State

Six out of ten debtors to the Greek State will see their bank accounts or homes confiscated from now on, as the number of Greeks with outstanding debts due to feel these measures reached 1,067,857. The Independent Authority for Public...

Greek Police Clash with Protesters Over Home Auctions (video)

At least one person was injured on Wednesday as Greek riot police used tear gas to disperse a crowd of protesters against home auctions, in central Athens. Protesters, including a former SYRIZA minister and at least two former MP’s of...

Protesters Clash with Police Outside Notary Offices Carrying Out Auctions (video)

Tension and clashes between police and protesters opposing auctions of foreclosed homes took place outside notary offices in central Athens on Wednesday afternoon. Members of the Greek Communist Party union PAME met at a notary office in Piraeus where a...

ECB Insists on Property Auctions Across Greece

An "effective auction system is an important part of the work" in cutting bad loans in Greece, the head of the European Central Bank has insisted. Mario Draghi, replying to a letter from Greek MEP Nikolaos Chountis, said the controversial...

More Than 40 Greek Hotels to be Auctioned off in 2018

More than 40 hotels all over Greece are expected to be sold in 2018 with high and non-performing loans being the main reason for the auction of those, expected in the first six months of the year. The first wave...

2017: The Year More Greeks Lost their Dignity

One of the (vague) election pledges of Alexis Tsipras was that his administration would restore the lost dignity of Greeks. That was also one of his slogans when he was negotiating with creditors before he brought back more of...

Greek Gov't to Pass Bill to Penalize Those who Obstruct Auctions (video)

The Greek government on Wednesday, brought to parliament a new amendment according to which people who will try to obstruct auctions of foreclosed homes, will be prosecuted. The amendment will go to the ballot today (Thursday), in order to put...

'I Would Rather Demolish it!' Anger in Greece as Foreclosure Auctions Gather Pace

Increasing number of indebted Greek homeowners express concern about the fate of their property, despite assurances by the Greek government that primary homes will be protected. Foreclosure e-auctions, is perhaps the theme that could dominate the Greek political and social...

Low Cost Homes to be Auctioned, Despite Government's Claim of Primary Residence Protection

Greek society continues to react as foreclosed homes that are worth less than 100,000 euros are to be auctioned, despite the Greek government's claim that primary residences worth below 300,000 euros are protected. Several cases of foreclosed properties that are...

Chinese Investors Look for Bargains in Foreclosure Auctions in Greece

Chinese investors are embracing online foreclosure auctions in Greece, while demand for buying real estate property in Greece has gone up 158.5%, according to Juwai.com. Juwai.com is a platform connecting international agents real estate agents and Chinese buyers. According to its...