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Number of foreclosures drops

The number of foreclosures in Greece dropped in 2012 compared to the year before, mainly thanks to legislation protecting first-time homeowners, according to local reports.

A total of 26,000 homes were put on the auction block in 2012, compared to 44,000 in 2011 and 52,000 in 2009, reports said.

ekathimerini.com , Thursday February 21, 2013 (11:42)  
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