Hid­ing be­hind the auc­tion pro­test­ers

Kathimerini English - - Focus -

The Athens-Pi­raeus No­tary As­so­ci­a­tion has shed light on as­set auc­tions can­celed on Wed­nes­day fol­low­ing protest ac­tion by var­i­ous groups.

The can­cel­la­tions con­cerned four sched­uled auc­tions of as­sets be­long­ing to cor­po­ra­tions or in­di­vid­u­als with very large debts that are hid­ing be­hind so-called col­lec­tives and es­cap­ing the con­se­quences.

Ac­cord­ing to the no­taries, the var­i­ous protest­ing groups man­aged to halt the auc­tion­ing of an Ital­ian­flagged ship owned by a Cypriot com­pany for to­tal debts of 12.3 mil­lion eu­ros that in­cluded dues to sea­men. They also pre­vented the sale of a plot and of­fice build­ing in Ha­lan­dri that be­long to a com­pany with debts of 21.1 mil­lion eu­ros, of which 9 mil­lion is owed to the state.

An­other pro­ce­dure that was called off con­cerned four apart­ments owned by the same in­di­vid­ual in Psyrri, cen­tral Athens, over debts of 2.5 mil­lion eu­ros, while a cor­po­ra­tion with to­tal debts of 3.1 mil­lion eu­ros was spared the auc­tion­ing of a maisonette in Voula, south­ern At­tica.

Th­ese ex­am­ples, plus those re­vealed by the no­taries last week, il­lus­trate that the can­cel­la­tion of auc­tions by pro­test­ers is ben­e­fit­ing debtors who do not be­long to so­cial groups that merit pro­tec­tion.

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