Pro­test­ers clash with po­lice over home auc­tions

Kathimerini English - - Front Page -

Demon­stra­tors scuf­fle with riot po­lice dur­ing a protest against home auc­tions out­side the Bank of Greece of­fices in Thes­sa­loniki yes­ter­day. Early last month the as­so­ci­a­tion rep­re­sent­ing the coun­try’s no­taries called on mem­bers to boy­cott re­pos­ses­sions of pri­mary res­i­dences. Since then there have been vir­tu­ally no fore­clo­sures on first homes but pro­test­ers have sought to block auc­tions of other prop­er­ties and as­sets too. The cen­tral bank will be is­su­ing li­censes to pri­vate firms for man­ag­ing non­per­form­ing loans by the end of this year.

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