The government is seeking out a balanced solution to the temporary ban of primary residence auctions that will ensure that goals are met without provoking the public sentiment.

The Prime Minister Antonis Samaras and government Vice President Evangelos Venizelos will exchange ideas on the critical matter later in the day, after Mr. Venizelos’ meeting with visiting member of the ECB’s Executive Committee Jörg Asmussen.

At yesterday’s meeting between the Ministers of Finances Yannis Stournaras, Growth Kostis Hatzidakis and State Dimitris Stamatis, the discussions were focused on a partial lift of the ban that would affect “mostly entrepreneurs and traders” and about 10,000 residences.

The criteria for such a lift will be paramount in any decision, with a government officer claiming that “borrowers with low incomes” will not be affected. Similar sources indicate that the government is considering exempting the unemployed and disabled from such a measure.

Contrary to such a policy though is the thought of reducing the protection from auctions from the 200,000 euro value limit that applies today to 160,000 euros.

Meanwhile, the government rejected yesterday’s two attempts launched in Parliament by MPs Loverdos, Aidonis, Stavrogiannis and Kourakos to preemptively extend the temporary ban. The Minister of Macedonia-Thrace Karaoglou explained that “the matter is serious, amendments are not acceptable”.