Debtor households application platform launched

The Greek authorities announced the opening of an electronic application platform for over-indebted households to avoid an auction for the sale of the first home of low-income families. Yesterday, the platform of the Special Secretariat for Private Debt (Ειδικής Γραμματείας Ιδιωτικού Χρέους) was opened, where vulnerable households wishing to protect their first home can apply […]

Ministry of Finance is working on a plan to protect the main housing of debtors

Greece’s finance ministry is working on a plan to protect the primary residence of households deemed financially vulnerable, ahead of the resumption of auctions in early June. The plan stipulates that the state will subsidize mortgage tranches in accordance with protection principles that will apply once the state-owned property acquisition agency is operational. The goal […]

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