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Cyprus

MPs extend freeze on foreclosures until next March

ÏËÏÌÅËÅÉÁ ÂÏÕËÇÓ – ÊÑÁÔÉÊÏÓ ÐÑÏÛÐÏËÏÃÉÓÌÏÓ 2021
File photo

The House on Thursday passed an amendment to the law extending a freeze on property foreclosures until the end of March 2021.

The foreclosures to be suspended until that time relate to primary residences valued at up to €350,000, as well as to business premises where very small businesses are concerned.

 

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