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Finance Minister, Harris Georgiades, said on Monday that a new scheme for responsible borrowers was not particularly feasible as it did not seem to secure the approval of the European Commission. The Ministry has conducted deliberations with the Commission but it does not seem to be particularly feasible or right and there was a negative indication by the Commission regarding a scheme for borrowers that can repay their loans, Georgiades told the Parliamentary Committee on Financial and Budgetary Affairs. These schemes are …
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