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Athens Macedonian News Agency: News in English, 13-08-12

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

  • [01] DIMAR leader Kouvelis calls for extension of primary residence foreclosure ban at least until 2015

  • [01] DIMAR leader Kouvelis calls for extension of primary residence foreclosure ban at least until 2015

    ANA-MPA -- Opposition Democratic Left (DIMAR) leader Fotis Kouvelis on Monday suggested that the primary residence foreclosures ban be extended at least until 2015.

    Kouvelis noted that "the country is experiencing a period of ongoing recession and austerity leading to dramatic reduction of family income while, in many cases, income has vanished altogether" and therefore, "in such cases, threatening and targeting the fundamental right of the people to home ownership is unacceptable".

    "The state has an obligation to extend the primary residence foreclosure ban at least until 2015 and promote favourable settlements for "nonperforming loans" to increase the likelihood of being paid in the future, Kouvelis noted.


    Athens News Agency: News in English Directory - Previous Article - Next Article
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