Government has prepared proposals for protecting homes

3 November 2015
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The government has prepared a package of proposals for the protection of the primary residence, Economy Minister George Stathakis said in a document forwarded to parliament on Monday.

The document was presented after a question posed by PASOK MP Odysseas Konstantinopoulos who asked to be briefed on the government’s plan concerning non-performing loans and whether the reports claiming they will be sold to foreign funds are true.

“Our side has already made an extensive preparation with a batch of proposals which includes a special provision for the protection of the primary residence from auctions, social criteria that associate the rate of repayment with income, while we will set up an independent authority to monitor the creditworthiness of individuals and legal entities with full respect to the personal date,” the minister said in the document.

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