auctions

Greek Gov't: We will Protect Homes of Working Class from being Auctioned

The Greek government will protect the primary residences of low income families from being auctioned off, government spokesperson Dimitris Tzanakopoulos said on Thursday. The statement came after the meeting of the SYRIZA political council, chaired by Prime Minister Alexis Tsipras....

Online Foreclosure Auctions in Greece to Begin Wednesday

The first ten electronic foreclosure auctions will be held on Wednesday, following the decision of the General Assembly of the Athens-Piraeus Notaries to suspend their abstention from duty. Notaries had abstained from their duties for weeks, after receiving threats from...

Greece's Creditors Push for Foreclosure Auctions

Greece's creditors are pushing the Greek government to solve the issue of foreclosure auctions, in order to restore stability in the banking system and boost economy. However; in a blow to the Greek government, notaries decided to abstain from their...

Piraeus Bank to Hold Property Auction Online

Piraeus Bank is holding its second e-auction for the sale of bank-held properties. The auction will take place on October 24 and 25 via properties4sale.gr; the Bank’s property auction website. The Bank's first property auction was successfully conducted last June. This...

5,000 Greek Properties Under the Electronic Auction System by End of 2017

Despite the SYRIZA-led government’s promises that no house will be repossessed and sold by the banks, the new system of online real estate auctions will begin in September. Electronic auctions will take place every Wednesday, Thursday and Friday and with...

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 they will go on strike after facing the rage of people who are blocking courtrooms...

Public Uproar Over Home Auctions in Greece

            Public uproar over the wave of home auctions for debts to the state continues, with protesters clashing with police in Thessaloniki and other cities Dozens of auctions are taking place throughout courts in Greece, with many of them being cancelled...

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 of the house of a disabled man. The group of protesters stormed the courtroom during the...

First 2,000 Greek Homes Auctioned in September

The first 2,000 houses of uncooperative debtors will be auctioned as of September 15, with the number going up to 5,000 within the next months. Greek banks have already prepared the files of 2,000 real estate properties. According to bank officials,...

SYRIZA Lawmakers Numb Ahead of Voting on Painful Measures

The new austerity measures that must be voted on in Greek Parliament on Thursday have left several SYRIZA lawmakers scratching their heads as most measures are the exact opposite of their pre-election promises to voters. The fragile majority of the...