Foreclosures Bill: 13 Common Amendments; Final Agreement Still Pending


Cyprus parties continue deliberations ahead of a meeting of the Parliamentary Committees of Financial and Budgetary Affairs, and Internal Affairs, due to be held today, Tuesday, in a bid to converge opinions on amendments to the crucial bill on foreclosures of mortgaged properties, set as a precondition for the next disbursement of Cyprus’ €10 billion bailout.

 

The Secretariats of the two Committees are codifying the proposed amendments to be discussed by the parties at a closed meeting, a few days before the vote in the House`s plenary on Friday.

 

Party members told the Cyprus News Agency that, so far, there are 13 common amendments but the final agreement will be shaped during tomorrow’s meeting, whereas the parties will table their individual amendments if they believe that their positions are not included in the common proposals.

 

The same sources noted that a new meeting of the two committees with the Ministers of Finance and the Interior will be possibly held on Wednesday to discuss the agreed amendments.

 

Meanwhile Finance Minister Harris Georgiades continues talks with Cyprus’ lenders on the amendments of the crucial bill.

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