Cyprus parliament suspends foreclosures

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Cyprus parliament suspends foreclosures
 © KNEWS 2019
The House of Representatives voted in its last plenary before summer recess a number of amendments to the foreclosure law that foresee a freeze in foreclosures and suspension of loans eligible to join the ESTIA loan relief plan.

Finance Minister Haris Georgiades said that ''today's parliamentary decisions are likely to satisfy for a short time a segment of public opinion but undermine public interest. I will reccomend to the President of the Republic that the decisions be referred back. In the hope that the...


This article was automatically added to our system 12-7-2019

Cyprus parliament suspends foreclosures


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