Municipality requests Piraeus Bank to suspend Desyllas Factory auction for six months

Central Corfu Municipality is proceeding with direct negotiations with Piraeus Bank, which has already announced the fourth auction of the former Desyllas factory. During his visit to Athens yesterday, Mayor Stefanos Poulimenos met with bank executives because, although the municipality is interested in acquiring ownership of the property, the possibility of it being "snapped up" by a bidder in the fourth round remains real.

However, the problem of the last three years balance sheets, which are included in the necessary loan conditions, is also real.

As the Mayor stated, following negotiations with the bank, the Municipality submitted a request for a six-month suspension of the auction, in order to secure the time required for the process.