Greek authorities are trying "defuse the bomb"mortgaged by auctions and confiscation of housing

Today the government is holding a cabinet meeting. Government officials will try to find a solution to the “hot” problem of “red” mortgages and the already set fire “bomb” of auctions in the very near future in order to change the situation in society. The auctioning and forced eviction of former journalist Ioanna Colova, in […]

The first housing: a platform for paying off debt and receiving state loans was opened. subsidies

The Ministry of Finance has activated a digital platform for first (main) homeowners for vulnerable households unable to pay their mortgages, in accordance with the new law 4738/2020 on debt settlement and second chances. The aforementioned law contains a number of favorable conditions for households, such as: Out-of-court debt settlement up to 240 payments to […]

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 […]