Strategic default
ECB negatively views draft law to save primary residences
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ECB sees risks in Greece's planned home foreclosure law
By George Georgiopoulos
Greece's draft law to protect primary residences from foreclosures goes beyond protecting low-income debtors and could encourage strategic defaults, the European Central Bank said in a legal opinion on Saturday in a potential setback to the plan.
One in five could pay off bad loans
Many borrowers claim they cant service their debts but take advantage of measures to help truly needy
By Alekos Lidorikis
- Read more about One in five could pay off bad loans
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