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foreclosures

'We Won't Enforce Auctions' Warn Greek Police

Greek police on Tuesday said they will not be used to enforce controversial auctions or foreclosures. In a statement, the Pan-Hellenic Federation of Police Officers (PFP) said, its members, although committed to upholding the law, were opposed to the "dangerous...

'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...

Notaries Abstain From Foreclosures of Primary Residences Again This Week

Greek notaries decided to not take part in foreclosures of primary residences this week, extending the decision they had taken last week. Their decision to abstain from the process is due to the fact that they state that the conditions...

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 end of 2017. The conservative party said that the amendment was presented to cover up, once...

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...

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 more tax payers are crushing under the burden as they enter the state's "black" list. Data...

Greek National Bank Chief: 'It Is Not in the Interest of Any Bank to Proceed with Home Foreclosures'

"It is not in the interest of any bank to proceed with home foreclosures. The motive for each bank is to keep its clients informed," Hellenic Bank Association president and National Bank's chief Louka Katselli said in statements to...

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...