“Black” Easter for more than 1000 families whose house goes under the hammer

This year, more than 1,000 Greek families experienced a “black” Easter out of concern for the fate of their assets, as 1,018 online auctions are scheduled from April 19 to April 21.

The wave of auctions did not end there, because according to the data transmitted open, 11,283 auctions are scheduled from April 19 to December 31, 2023! And these numbers, of course, are not final, as more can be posted every day.

However, according to estimates about a third of the auctions (though their number is constantly growing) falls on the first home. The first dwelling is no longer protected… Credit management companies now have in their portfolios “red” loans worth more than 70 billion euros (70.679 billion dollars). And the public debt of Greece is now more than 400 billion euros.

Therefore, even in the long term, no improvement in the situation is expected. At the same time, the authorities are selling state property for symbolic amounts, as, for example, it happened with the Greek railways, which were sold for 50 million euros to a state-owned Italian company.

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