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auctions

Greece-Creditors Agree to Save Only Poor Households from Auctioning

After hours of negotiating, Greece and creditors agreed that only the poorer families unable to pay their mortgages will save their homes from foreclosure, the measure applying to about 25 percent of people in debt. The meeting between Finance Minister...

Greece-Creditors Still Disagree Over Bad Loans, Foreclosures

The second marathon negotiation between Greece and the quartet of international creditors ended at 5 am on Monday with the issues of bad loans and primary residence foreclosures still unresolved. According to sources close to the talks, the Greek team...

Piraeus Bank Chief Sallas Opposed to Auctions of First Home

President of Piraeus Bank Michalis Sallas, on Saturday expressed clear opposition to any measure regarding the auctions of primary residences. He also denied that bankers are behind the pressures put on the government by the representatives of the Institutions Asked...