18.8 C
Nicosia
Friday, April 19, 2024

Everything is sold, not just houses

Must read

Everything is sold, not just houses

Thousands of property owners are being driven into a new period of agony and adventure following President Anastasiadis' decision to return the law on sales. The law was passed by Parliament on July 8 and provided for a three-month suspension of sales until the end of October. The suspension concerns the sales for a main residence worth up to 350 thousand euros, commercial housing with a turnover not exceeding 750 thousand euros and plots of land with an estimated value of up to 100 thousand euros.

Justifying the referral, President Anastasiadis speaks of adverse consequences for both the economic policy of the state and the banking system.

The President's decision provokes anger and indignation, frustration and despair among thousands of citizens who are in danger of losing their homes and property. Indicatively, in a first reaction, the President of the Home Housing Protection Associations, Stavros Papadouris, stated: ». To add: “The dangerous thing for these households is that from August 1 until the beginning of 2022 when we will have the beginning of the implementation of the bad banking process, in the meantime these households are vulnerable to any auction even first residence. “

So this is the situation created by the presidential decision. In the midst of a pandemic, in the midst of an economic crisis, with the family budget shrinking to the maximum, President Anastasiadis decides, once again, to support the banks and not the thousands of citizens who are dying. He makes a decision that with mathematical precision will lead to social unrest and misery for a large part of the population. The same population that since 2013 has seen its incomes fall, is constantly called upon to support the banks, to make sacrifices and to renounce rights and acquis for the sake of the few and the chosen. Of the same population that with the onset of the pandemic receives another major blow to see in the end the President of the Republic himself ignore him and choose to align himself with the interests of the bankers. Ultimately it seems that it is not just houses and properties that are for sale in this place.

Source: 24h.com.cy

- Advertisement -AliExpress WW

More articles

- Advertisement -AliExpress WW

Latest article