Notaries decide to suspend auctions for debts until January 3

The notaries’ associations of Athens, Piraeus, the Aegean and Dodecanese islands on Tuesday decided to suspend auctions for overdue debts to banks, the public sector and social insurance funds held at the lower first-instance instance courts of their respective regions until January 3, 2018.

Electronic auctions for debts to private-sector entities, by contrast, will be carried out normally. The suspension was considered necessary in order for legislative changes for the auctions process to be applied.