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