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The Ministry of Finance is at an advanced stage and is expected to begin consultations among stakeholders (banks and the Cyprus Asset Management Company Ltd) on how to support the 780 borrowers with non-performing loans who have applied for support from the Estia scheme.A credible source told CNA that the approval of the Directorate General for Competition of the European Commission is expected regarding the government plans for the 780 applicants so that in turn the plan can be put …
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