ECB refrains from expressing an opinion on foreclosure moratorium, in a reply to Cyprus’ Ministry

ecb-refrains-from-expressing-an-opinion-on-foreclosure-moratorium,-in-a-reply-to-cyprus’-ministry
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European Central Bank (ECB) refrain from expressing an opinion in a dispute in Cyprus between the government and the opposition, regarding a law extending the foreclosure moratorium by three more months. The law was voted early July and was sent back to the parliament by the President of the Republic Nicos Anastasiades. In a plenary session on Tuesday the parliament rejected by majority the President’s reasons on the law. Cyprus Ministry of Finance, in a press release says that it has consulted …

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