NEWS

State property can be seized for debts

Giving the public sector a taste of its own medicine, Greeks will be able to seek the expropriation, for outstanding debts, of property belonging to the State or local authorities, according to a Supreme Court decision made public on Sunday. The Supreme Civil Court ruled in favor of a suit by a Piraeus businessman against the port city’s municipal council for the payment of a 1.1-million-drachma debt. It overturned a lower court’s decision that – under legislation dating to 1952 and 1968 – public sector property cannot be seized and auctioned to pay State and municipal authority debts. The Supreme Court decided that these laws contravened the Greek constitution, the United Nations Charter and the European Convention on Human Rights. EETT must now investigate ELTA’s price polices in conjunction with the postal services provided.