For the last two months we have been following an endless string of statements, promises, and negotiations over the framework which will replace the Katseli law on the protection of delinquent debtors’ primary residence from foreclosure.

We have not, however, seen any results because as former PM Costas Simitis said in a speech in Thessaloniki, “This is a government which has made clinging to power its primary goal, which engages in demagoguery and easily changes its arguments as it sees fit depending on the circumstances, and which resorts to grandiose rhetoric and to concealing the realities, of which we are informed in the end by Brussels.”

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