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Tag Archives: auctions

Civic mobilization hinders auctions of four families’ homes

Four families in Attica will keep their homes thanks to a mobilization carried out on Wednesday morning by unions and organizations at the initiative of the PAME Committee against auctions. Two of the four families are single-parent ones, and furthermore one has a member with disabilities. Dozens of activists gathered …

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Greece successfully auctions 10-year and 15-year bonds

An auction of 10-year and 15-year bonds by the Public Debt Management Authority on Wednesday attracted strong investment interest. The Greek state raised 400 million euros from the auctions, while bids reached 2.187 billion euros. The interest rate of the 10-year bond was set a 3.98%, down from a coupon …

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Five injured when riot police goes against house auctions protesters

Four protesters and one photo-reporter were injured when police used violence against members of People’s Unity Party (LAE) and other organizations protesting house auctions. Riot Police had taken place outside the notary office in downtown Athens as early as Wednesday morning. When protesters gathered they attempted to enter the notary …

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Have Greece and Creditors agreed on 130,000 property auctions by 2021?

Finance ministry sources on Tuesday dismissed several local press reports claiming that the Greek coalition government has promised creditors that 130,000 auctions of foreclosed property will be held by 2021. “There is no agreement with the creditors for 130,000 auctions within the next four years, such an agreement does not …

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Tsipras urges bankers to tell the truth about evictions and dismiss “media Fake News”

“You must inform the society about what we are doing and stop the spreading of  fakes news by the media,” Prime Minister Alexis Tsipras told the board of the Hellenic Banking Association at a meeting in his office on Monday. Tsipras was pointing out at the furore in mainstream media …

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‘Black Wednesday’ for thousands of debtors as e-auctions start in Greece

Black Wednesday for thousands of bank debtors. Electronic auctions start today, November 29th 2017, under the tight pressure of  Greece’s lenders. With one “click” properties will change hands in the silent world of internet and no anti-auction activists will be able to chant “no home to banker’s hands” or harass …

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Homes worth up to €300K to be exempted from electronic foreclosure

Residences worth up to 300,000 euros will be exempted from electronic foreclosure actions that are expected to be launched soon. The exemption follows an agreement of the Justice Minister with the banks. According to a report by athensnewsagency, all residences valued at 300,000 euros or less will be exempted from …

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Anarchists raid notary office dealing with property auctions

A group of people wearing hoods and holding sticks raided a notary office in downtown Athens and smashed everything they came across.  the anarchists group Rubicon claimed responsibility for the raid. A video shows the anarchists wearing hoods and scarves on their faces as wells as gloves in their hands. …

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Auctions & foreclosures start with real estate, hotels & 180 sheep

It’s done. Despite the famous Greek summer, as of tomorrow, June 1st 2016, it will rain auctions and foreclosures. The relevant Presidential Decree was signed and published in the Official Gazette. Apartments, villas, land plots, hotels, ships, helicopters and yachts but also 180 sheep and poultry farm equipment with 4 …

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Breath for Borrowers: Home auction-stop extended until end of 2013

A breath for thousands of borrowers as Greek government decided to extend the auctions ban for one more year. With a legislative act the Ministry of Development suspends auctions for the so-called “first housing” until December 31, 2013.  The legislative act prohibits banks from conducting auctions for unpaid mortgage loans if the home …

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