POLITICSGovernment Tables Two Bills on Foreclosures in ParliamentBinding decisions, insolvency pathways and extended timelines included in proposals
ECONOMYLegislative Inflation on Foreclosures as Parliament Debates Without Clear DirectionWith 26 legislative proposals under discussion, targeted tools for managing non-performing loans remain largely unused
ECONOMYBanks Express Strong Concerns Over Proposed Changes to Foreclosure FrameworkCyprus banking association warns new legislative proposals could affect financial stability and the country’s credit rating.