x

Society

Tsakalotos: Current Rules Will Remain the Same for Electronic Foreclosure Auctions

January 13, 2018
ANA

ATHENS – Nothing will change in current legislation when foreclosure auctions are processed exclusively online, Finance Minister Euclid Tsakalotos clarified in Parliament on Friday, during the introduction of an amendment related to the omnibus bill.

The amendment also specifies that all property and asset auctions for outstanding debts to the state will take place exclusively online as of May 1, 2018.

“Whatever the Agency of Public Revenue is doing now, the same rules and priorities, and the same filters, will be applied now electronically. Nothing will change,” Tsakalotos said.

Deputy Finance Minister Katerina Papanatsiou, in her statements in Parliament, added that a house which comprises the main residence of a debtor will not be auctioned off by the state, a rule of article 975 in the Civil Legislation Code relating to arrears to the state.

RELATED

ATHENS - In today’s environment of omnipresent polarization, when even the most fundamental values of democracy are being called into question, ancient drama retains its power to catalyze reflection and discussion on political culture, SNF says.

Top Stories

Columnists

A pregnant woman was driving in the HOV lane near Dallas.

General News

FALMOUTH, MA – The police in Falmouth have identified the victim in an accident involving a car plunging into the ocean on February 20, NBC10 Boston reported.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.

Video

SNF Dialogues: Modern Political Values, Ancient Drama (Video)

ATHENS - In today’s environment of omnipresent polarization, when even the most fundamental values of democracy are being called into question, ancient drama retains its power to catalyze reflection and discussion on political culture, SNF says.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. abc@xyz.com

You may unsubscribe at any time using the link in our newsletter.