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Image header Agence Europe
Europe Daily Bulletin No. 11298
Contents Publication in full By article 14 / 30
ECONOMY - FINANCE - BUSINESS / (ae) cyprus

Commission welcomes outcome on foreclosure framework

Brussels, 20/04/2015 (Agence Europe) - On Monday 20 April, the European Commission welcomed the adoption, by the Cypriot parliament, of the legal framework on insolvency, which means that the law on property foreclosures adopted in September 2014 may now enter into force.

This is an important stage in the economic adjustment programme of Cyprus, putting an end to the political deadlock of the last six months and paving the way for Cyprus to return to a healthy implementation of the...

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