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Our View: Payment culture won’t improve while politicians protecting those not repaying debts
© Cyprus Mail | Our View: Payment culture won’t improve while politicians protecting those not repaying debts

In his appearance before the House finance committee on Monday, Central Bank governor Constantinos Herodotou was asked by deputies about the protection of ‘vulnerable borrowers,’ after he said the extension of the foreclosures freeze could not be justified. For the support of the ‘vulnerable borrowers’, he said, there was the Estia scheme and the insolvency framework.
More importantly, though, he expressed the view that protection for the so-called ‘vulnerable borrowers’ sh….. Read More On: Cyprus Mail

Article Source: Cyprus Mail
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