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Economy

The Protection of Primary Residences a Government Priority

ATHENS — The protection of primary residences is the primary goal of the new "second chance" law, whose provisions concern, inter alia, the cancellation of foreclosure auctions.

According to government officials, the ruling New Democracy (ND) party "from the first day of its governance, gave priority to the protection of primary residences."

The same official stated that "before July 7, 2019, in the two years 2017-2019, the SYRIZA government had conducted more than 25,000 auctions. In the absence of any controls, thousands of strategic defaulters had also qualified for the beneficial arrangements and had both high incomes and protection for all their property – and not just their first home."

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ANKARA — Turkey's government and central bank have taken unconventional steps in recent weeks to prop up a beleaguered economy crippled by skyrocketing consumer prices, instead of ending a much-criticized plan to cut interest rates.

Top Stories

Church

OCEAN, NJ – Rafaella Lambrinos, whose family is from Karpathos originally, spoke with The National Herald about the Adopt a Yiayia and Pappou program she founded at St George Greek Orthodox Church in Ocean, NJ, which connects youth and seniors from her church community through weekly phone conversations.

Associations

NEW YORK – Greek-American Trevor Zegras, forward for the Anaheim Ducks is set to play in his first NHL game in New York City against the Rangers at Madison Square Garden on Tuesday, March 15, 7 PM.

General News

WASHINGTON, DC – AHEPA deeply mourns the passing of Past Supreme President and co-founder of AHEPA National Housing Corporation (ANHC) Nick Smyrnis.

Video

1 Killed, 8 Hurt as Suspected Gas Explosion Hits Bronx Home

NEW YORK — A suspected gas explosion partially collapsed a home in the Bronx, setting the structure ablaze and killing a woman and injuring eight other people, including five police officers, officials said.

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