DISY satisfied with Parliament's vote on proposal to eliminate of MEMO – What is included in the announcement
Satisfaction of DISY for the Parliament's vote on a proposal to eliminate MEMO.
‘As it states, “we express our complete satisfaction that the Democratic Rally's bill to eliminate MEMOs for the benefit of borrowers within 30 days of the loan repayment passed the Plenary Session of the Parliament yesterday. The bill, which was submitted on behalf of our Parliamentary Group by the Member of Parliament for Famagusta, Mr. Nikos Georgiou, corrects the unacceptable phenomenon of MEMOs remaining in force even after full repayment.”
He emphasizes that the The same distortion exists for mortgages. “It has been established and it is unacceptable that banks and credit acquisition companies do not take care of the removal of mortgages after the repayment of the loans. With our second law proposal from Mr. Georgiou, we are attempting to remove this injustice as well.” within the same period of 30 days after repayment.”
“The Democratic Alarm will insist that this bill be voted on before the end of the year,” he concludes.
