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[Cyprus Times] EDEK on divestments: Borrowers' protection will only be ensured through the special court

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Hellenic Parliament's announcement on the referral of the divestment law "The protection of borrowers will be ensured only through the special court", says

On the occasion of the referral of the divestment law, in a statement, the EPP said that it is confirmed once again that the real protection of borrowers "from unjust over-indebtedness and unfair divestment proceedings will come through the establishment of the special division of the courts for the immediate examination of these cases, as was the proposal submitted by the EPP in 2017."

"Unfortunately, once again for borrowers, DISY, AKEL, ELAM rejected the proposal, thus prolonging the arbitrary actions of bankers against prudent and vulnerable borrowers," it concludes.




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