Cyprus to Submit Bills Strengthening Financial Ombudsman and Protecting Primary Homes

Finance Minister Makis Keravnos has said  the government will submit two bills aimed at strengthening the authority of the Financial Ombudsman and improving protections for primary residences. Speaking after a Cabinet meeting, Keravnos said the first bill upgrades the Ombudsman’s debt‑verification mechanism, giving the office the power to restructure loans and allowing borrowers to seek […]