Monday , July 22 2024
Home / Tag Archives: mortgages

Tag Archives: mortgages

Tax Authorities seize 500,000 bank accounts, collect €1.6bn in Jan-May 2016

Greek Tax Administration has been studiously taking from debtors what it belongs to the state. From January to April 2016, tax authorities have reportedly “emptied” 428,465 debtors’ bank accounts. If the seizures in May be added, the total number reaches over 500,000. In comparison: 333,776 bank account seizures last year. …

Read More »

ND-candidate: Banks seize homes in order to give mortgages

These days I try to avoid watching on television candidates from political parties praising their program and their positions. It mostly makes me sad to see either new and totally unknown faces or veterans MPs of all colors and ideological directions insisting that they know how to economically save me;  …

Read More »

50K Greeks Borrowers Celebrate New Swiss Franc Exchange Rate

More than 50,000 Greeks took a breath of relief upon the news that the Swiss National Bank (SNB) decided to peg the Swiss Franc (CHF) to the euro. The 50,000 Greeks are borrowers who got their loans – most for real estate purchases – on Swiss Franc and not in …

Read More »