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President calls for meeting on foreclosures concern

By

Soheil

Posted in Business, Citizenship, Comfort, Construction, Cyprus, Holiday Homes, Invested Program, Investment, Investment Program, Luxury, Market Trends, Marketing, Permanent Residency, Real Estate, Uncategorized On

[ad_1] President Nikos Christodoulides has named for a conference with all political parties at the presidential palace on Monday, to talk about foreclosures. The aim is to keep a dialogue forward of plenum’s vote around two charges aimed to deal with non-accomplishing loans (NPLs). The assembly is established for 6pm at the presidential palace. Meanwhile,…

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Freeze on property foreclosures prolonged

By

Soheil

Posted in Business, Citizenship, Comfort, Construction, Cyprus, Holiday Homes, Invested Program, Investment, Investment Program, Luxury, Market Trends, Marketing, Permanent Residency, Real Estate, Uncategorized On

[ad_1] Cyprus parliament have voted to increase the freeze on residence foreclosures to the conclusion of October despite pleas from the authorities and fiscal establishments to make it possible for the properties of defaulting borrowers to be repossessed. Elizabeth McCaul, Member of the Supervisory Board of the ECB, suggested caution above amendments to the foreclosures…

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