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Thursday, September 5, 2013

Greece Mulls Foreclosure Ban Lift Compromise

Thousands of Greeks will lose their primary or vacation homes if the government lifts a ban on foreclosures put in place during a crushing recession and austerity. When interest rates tumbled following Greece's entry to the euro, a beachfront apartment or village house with a vineyard suddenly became an affordable investment for middle-class city-dwellers. But a second-home boom fueled by ...

READ THE ORIGINAL POST AT www.greekherald.com