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Athens Times

Protection of first residence, and from debts to the State

The institutional framework for the “red” loans, which applies from November for the protection of a’ residence… will apply for debts to the State, assures the ministry of Finance.On the occasion of the initiation of foreclosure proceedings (due to the measures of enforcement, from 1.11.2015 have been put again in place), the ministry of finance notes that the policy of the government “is the protection of the first residence, with a clear income and assets criteria”.Directly, it completes, will be tabled in the legislative setting, and for the debts to the State, in order to protect the first house.”What is currently in force based on the existing institutional framework for the collection of debts owed to the State, which νομοθετήθηκε before 2015″, specified in the relevant notice.

The institutional framework for the “red” loans, which applies from November for the protection of a’ residence… will apply for debts to the State, assures the ministry of Finance.
On the occasion of the initiation of foreclosure proceedings (due to the measures of enforcement, from 1.11.2015 have been put again in place), the ministry of finance notes that the policy of the government “is the protection of the first residence, with a clear income and assets criteria”.
Directly, it completes, will be tabled in the legislative setting, and for the debts to the State, in order to protect the first housing.
“Everything that is currently in force based on the existing institutional framework for the collection of debts owed to the State, which νομοθετήθηκε before 2015”, specified in the relevant notice.

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