Skip to content
Catholic Online Logo

By Catholic Online (NEWS CONSORTIUM)

9/11/2012 (3 years ago)

Catholic Online (www.catholic.org)

Luxury cars and vehicles gather dust, unable to be sold

As the nation of Greece tries to right itself during the ongoing economic turmoil, an expansive lot in Athens where the finest vehicles - cars, vans, motorbikes, eerily stands in as a symbol of a country's malaise.

Only one auction has been held this year at the main lot in Athens, compared with one a month previously.

Only one auction has been held this year at the main lot in Athens, compared with one a month previously.

Highlights

By Catholic Online (NEWS CONSORTIUM)

Catholic Online (www.catholic.org)

9/11/2012 (3 years ago)

Published in Europe

Keywords: Greece, car lot, luxury vehicles, . Antonis Samaras, auction, theft


LOS ANGELES, CA (Catholic Online) - After the closure of the government agency the Organization for Public Property Management, row upon row of luxury cars sit abandoned in vast car lots. The agency is currently unable to sell or auction any of the vehicles off.  

The agency was formed in 1946 to manage leftover wartime equipment. The group formerly ran a network of warehouses auctioning anything from old sofas discarded from city hall waiting rooms to luxury cars confiscated from drug dealers.

These warehouses were popular with Greek government figures in the market for a bargain. However, with the Greek government agency's slide into a bureaucratic quagmire 10 years ago, the agency began showing huge losses. Published results for 2009 show accumulated losses of 17 million Euros and had a net loss that year of 2.4 million Euros.

Destined for the scrap heap in last year, employees and government officials insist the agency still exists in all but name, and has simply become an office of the Greek Finance Ministry and been renamed DDDY.

The transfer has almost paralyzed its ability to run auctions to make money. Only one auction has been held this year at the main lot in Athens, compared with one a month previously.

In addition, a shortage of security guards to curtail theft means some of the agency's clerks have been drafted as watchmen. Dogs in cages are another interim solution for discouraging robberies.

Prime Minister Antonis Samaras has a goal to save up to two billion Euros by 2015 through scrapping some of the thousand or so similar agencies. Auditors from the European Union are meeting Samaras this week.

Dimitris Kouvaris, who has run the DDDY operation since last March has defended the agency's efforts to reform itself, acknowledging struggles with technical problems but insisting that it was too early to pass judgment on a long-term overhaul which he said would save the state money eventually.

"Our aim is to reduce spending, achieve better control of expenses and upgrade services," he said.

"Of course, we have technical and operational problems which we are trying to overcome, and also labor-related issues, since the workforce has been significantly reduced."

Online sales could restart this month. Prime assets include a luxury yacht and cargo vessels. The name change to DDDY led to its internet access being cut off in March, hindering further sales.

.

---


Pope Francis: end world hunger through 'Prayer and Action'


Copyright 2016 - Distributed by THE CALIFORNIA NETWORK

Pope Francis Prayer Intentions for May 2016
Universal:
Respect for Women: That in every country of the world, women may be honored and respected and that their essential contribution to society may be highly esteemed.
Evangelization: Holy Rosary: That families, communities, and groups may pray the Holy Rosary for evangelization and peace.



Comments


More Europe

Vatican under investigation - 5,000 bank accounts closed Watch

Image of Vatican auditors make move after three-year investigation (Pinterest).

By Kenya Sinclair (CALIFORNIA NETWORK)

Vatican auditors closed nearly 5,000 suspected Vatican bank accounts on suspicion of tax evasion. LOS ANGELES, CA (Catholic Online) - The scandal includes a three-year investigation of 544 suspected transactions mainly involving tax evasion.To meet international ... continue reading


MASONS HACKED! Secrets of the Masons spilled - French media to expose highest-ranking Masons Watch

Image of The Masons have been hacked. A secret dump of documents will reveal their secrets to the world.

By David Drudge (CALIFORNIA NETWORK)

Hackers have just released thousands of documents in a new document dump to the media, this time, they contain the secrets of the Masons. The data dump is known as "Masonleaks" and journalists say it will take several months to complete their review of the documents. ... continue reading


Belgian minister warns against offending Muslims, wait until you see the scary reason why! Watch

Image of Muslims take over a Parisian street for prayers.

By David Drudge (CALIFORNIA NETWORK)

A Belgian minister has a telling warning for his country as hearings begin into the Brussels attack that killed 32 people at an airport in March.  The reason for the warning is quite compelling. LOS ANGELES, CA (California Network) - A Belgian minister is warning ... continue reading


Women sentenced to three months for self-induced abortion in Northern Ireland Watch

Image of There are better solutions than abortion.

By Marshall Connolly (CALIFORNIA NETWORK)

A woman in Northern Ireland has been convicted of aborting her child, and sentenced to a three-month, suspended jail sentence. The woman left her baby in a trash bag for eight days until police were contacted. The case has sparked renewed debate over abortion in ... continue reading


World's worst nuclear catastrophe commemorated 30 years later (WARNING: DISTURBING IMAGES) Watch

Image of The Ukraine commemorates the 30th anniversary of Chernobyl's explosion.

By Kenya Sinclair (CALIFORNIA NETWORK)

Thirty years after the greatest nuclear disaster the world has ever seen, Ukrainians solemnly commemorate the 1986 Chernobyl nuclear power plant accident. LOS ANGELES, CA (Catholic Online) - The meltdown at the Russian plant began when an uncontrolled reaction ... continue reading


LISTEN NOW: Stolen manuscript reveals song not performed for 1,000 years Watch

Image of One Cambridge researcher admitted the music was nearly tangible (YouTube).

By Kenya Sinclair (CALIFORNIA NETWORK)

A Cambridge researcher and world-class medieval music performer combined their talents to perform an ancient song for the first time in over 1,000 years. LOS ANGELES, CA (Catholic Online) - The music, titled "Songs of Consolation," was performed for the first time on ... continue reading


What's 'Hijab Day' and why is it causing a 'FREAK OUT' in France? Watch

Image of French students held a Hijab Day to raise awareness of discrimination against women (Styles Glamor).

By Kenya Sinclair (CALIFORNIA NETWORK)

Students from the French university Sciences Po Paris held a Hijab Day to raise awareness of the discrimination and verbal abuse Muslim women face every day - and it went exactly how you might expect. LOS ANGELES, CA (Catholic Online) - With the influx of Muslim ... continue reading


MASS TOURIST ATTACK: ISIS to plant bombs in Europe's most popular beaches Watch

Image of ISIS threatens popular beach resorts (Express).

By Kenya Sinclair (CALIFORNIA NETWORK)

German and Italian intelligence agencies discovered ISIS' plan to pose as refugees to detonate bombs and suicide vests buried beneath lounge chairs across Spanish, French and Italian beaches this summer. LOS ANGELES, CA (Catholic Online) - According to the Mirror, ... continue reading


Norwegian mass murderer Anders Breivik wins human rights case. See the 'inhumanity' of Norway's prison system (PHOTOS) Watch

Image of Breivik has won a case that his solitary confinement and other conditions of his imprisonment are 'inhumane.'

By David Drudge (CALIFORNIA NETWORK)

The conditions that Norwegian mass murderer Anders Behring Breivik have been subjected to are inhumane, according to a Norwegian court. Breivik was convicted of killing 77, and injured 319. Many of his victims were children. LOS ANGELES, CA (California Network) - Life ... continue reading


Why is the Trevi Fountain being dyed blood red? Watch

Image of

By CNA/EWTN News

On April 29, the Trevi Fountain, one of the most popular and emblematic tourist spots in Rome, will be dyed red in recognition of all Christians who even today give their life for the faith.  Rome, Italy (CNA/EWTN News) - The event is being organized by Aid to the ... continue reading


All Europe News

Newsletters

Newsletter Sign Up icon

Stay up to date with the latest news, information, and special offers

Subscribe to Catholic OnlineYouTube Channel

the FEED
by Catholic Online

  • Bl. Edward Jones: Saint of the Day for Friday, May 06, 2016
  • Historical Jubilee documents on display!
  • Daily Readings for Friday, May 06, 2016
  • Daily Reading for Monday, May 9th, 2016 HD Video
  • Daily Reading for Tuesday, May 10th, 2016 HD Video
  • The gruesome way scientists are killing unborn babies in school ...
  • 'The doctors were shocked': Conjoined twins share unusual bond

Daily Readings

Reading 1, Acts 1:1-11
1 In my earlier work, Theophilus, I dealt with everything Jesus had done ... Read More

Psalm, Psalms 47:2-3, 6-7, 8-9
2 For Yahweh, the Most High, is glorious, the great king over all the ... Read More

Gospel, Luke 24:46-53
46 and he said to them, 'So it is written that the Christ would suffer ... Read More

Reading 2, Ephesians 1:17-23
17 May the God of our Lord Jesus Christ, the Father of glory, give you a ... Read More

Saint of the Day

Saint of the Day for May 5th, 2016 Image

St. Hilary of Arles
May 5: Bishop of Arles, France, and friend and relative ... Read More