Minister proposes way forward for auctions as pressure mounts from banks, creditors

EconomyProgramme Tags: NPLs, Property
Photo by Panayotis Tzamaros/Fosphotos
Photo by Panayotis Tzamaros/Fosphotos

After discussions with notaries on Wednesday, the Greek government has proposed a way of overcoming concerns about their safety during auctions of properties that have been repossessed by banks.

The notaries announced at the beginning of the week that they would be boycotting the foreclosure procedures until the end of the year after attacks on some officials and frequent protests by activists. This prompted concern within the government and am...

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