Supreme Court hears arguments between funds and defaulted borrowers in Greece

The Supreme Court of Greece discussed on Thursday a disagreement between funds and banks on one hand and defaulted-loan borrowers on the other, over the legal framework and the rights of the latter, ANA reports.

The discussion focused on two conflicting laws (3156/2003 and 4354/2015) specifically relating to whether funds that acquired loans from banks have the right to seize or auction property under default.

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinationsGreek travel marketGreek tourism statisticsGreek tourism report

Photo Source: Wikimedia Commons License: CC-BY-SA Copyright: Europa credito urgente

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