United States housing bubble

Fresh credit contraction expected

It remains hard for the private sector to get new credit, and particularly households.

Although the Greek economy registered an improved growth rate in the first quarter of the year (2.3 percent on an annual basis), and despite the strengthening of confidence and the general improvement of conditions in the country, loan issues remain pegged to crisis period levels.

Notary slams 'provocateurish' office attack by Rouvikonas

The notary whose office in central Athens was raided by anarchist group Rouvikonas on Friday said she will not be "terrorized," rejecting the group's accusation that she handled electronic foreclosures for main residencies.

Members of Rouvikonas smashed windows and equipment in the notary's office, and scattered flyers on their way out of the building.

Protesters enter Bank of Greece, protesting foreclosures

A group of people protesting property foreclosures stormed the premises of the Bank of Greece in central Athens on Wednesday.

The protesters - about 25 individuals believed to be members of the "I Won't Pay" movement - were carrying banners with slogans opposing the auction of properties belonging to debt-racked Greeks and handed out fliers with similar messages to passers-by.

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