A third of Greek homeowners fear losing their properties in 2014

Photo by Harry van Versendaal
Photo by Harry van Versendaal

Roughly one in three Greeks fears losing their home in 2014 despite the restrictions on foreclosures the government has kept in place for the New Year.

As of January 1, Greek banks have more leeway in repossessing the homes of customers who are failing to meet mortgage repayments. However, legislation passed on December 21, which lifts a blanket ban on foreclosures attempts to ensure that repossessions...

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