Greece can allow foreclosures to meet creditors' requirements

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
Greek government is planning to allow foreclosures in the country after five years of ban on them to meet creditors' demands. In 2008 the government forbade banks to take away mortgaged houses from those who could not pay for their debts. Nowadays, at least 29% of Greeks cannot pay for their mortgages and this number is rising every year since the beginning of the financial crisis.

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.