Foreclosures Cannot Work in this Economy – Fact
A recent article in Phileleftheros Newspaper has highlighted a very real economic fact – bank foreclosures cannot work in this economy. Just 1.8% of the 350 or so bank-auctioned properties have been sold so far. Yes, the economy is growing, especially in the tourist sector. But after the deposit haircut, Laiki Bank’s collapse and the […]
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