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Monday, March 4, 2024

In the Plenary Session of the Parliament, the AKEL law proposal for the protection of borrowers

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Στην Ολομελε&iota ;α της Βουλorς η πρoταση νoμου του Α&Kappa ;ΕΛ για προστασΙα των δανειολη&pi ;τoν

By Alexia Kafetzis

The Finance Committee discussed the law proposal, which we submitted last Thursday, so that by submitting an application for inclusion in the Rent Against Installment Scheme, it is secured right to suspend the auction process.

The philosophy of the law proposal meets the agreement of all agencies, banks, the Ministry of Finance and KEDIPES. At the same time, we see that there is a consensus with all the Parties, so that this proposal of law is passed.

What we are committed to research is the formation of that vocabulary, which protects all those who really should be protected. and at the same time not to give the right to abuse this right. That is, to protect those who need protection.

As regards the expansion of the eligibility criteria, it is something that will be examined later, in due course.

AKEL's law proposal will be before of the Plenary of the Parliament for voting, next Thursday.

Source: 24h.com.cy

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