ECONOMY

Foreclosures suspended for Thessaly flood victims

Foreclosures suspended for Thessaly flood victims

Finance Minister Kostis Hatzidakis has announced that enforcement actions on movable or immovable property for natural persons and businesses affected by the heavy rains, floods and landslides in September in the region of Thessaly in central Greece are suspended for six months.

The decision provides for the suspension until March 4, 2024 of auctions, seizures, foreclosures, as well as the deadlines for the exercise of legal remedies and aids relating to pending enforcement proceedings.

Beneficiaries of the suspension are businesses certified as affected by a certificate of the Regional Authority of Thessaly and included in the framework of state assistance to affected businesses, as well as natural persons who are certified as having suffered damage to their homes, in the context of their inclusion in the housing assistance and building compensation scheme.

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