A 70-year-old elderly woman from Kalamata tragically died shortly after she lost her house, which “went under the hammer.” According to her close relatives, the auction made the old woman homeless. Her suffering was such that it eventually led to her death, her son claims. As writes ethnos.gr a woman in recent years faced unbearable […]
Tag: real estate auctions
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 […]