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Tag Archives: end of 2013

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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