Greek activists target sales of homes seized over bad debts

Protests thwart plans to hold around 25,000 auctions as banks struggle to sell properties to settle shortfalls

The cavernous halls of Athens’ central civil court are usually silent and sombre. But every Wednesday, between 4pm and 5pm, they are anything but. For it is then that activists converge on the building, bent on stopping the auctions of properties seized by banks to settle bad debts.

They do this with rowdy conviction, chanting “not a single home in the hands of a banker,” unfurling banners deploring “vulture crows”, and often physically preventing notaries and other court officials from sitting at the judge’s presiding bench.

Related: Greek farmers clash with riot police in Athens over austerity

Related: Greece desperate for growth strategy as public mood darkens

Continue reading…