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Monday, August 5, 2013

Greece Mulls Lifting Home Seizure Ban

Despite a lingering economic crisis, the coalition government led by Prime Minister and New Democracy Conservative leader Antonis Samaras wants to lift a ban on repossession of homes of people who can’t afford to pay mortgages with their pay cut, tax hikes and pensions slashed and will allow banks to seize them and sell them off. Deputy Development Minister Thanasis Skordas suggested that ...

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