Cypriot President Nicos Anastasiades confirmed that he will conduct discussions with European heads, concerning the adopted foreclosure bill that was just ratified by the House of Representatives.

Two Cypriot MPs were sent alarming letters, threatening them over the foreclosure bill that the government is currently discussing.

Cypriot President Nicos Anastasiades guaranteed his citizens that the tabled legislation regarding foreclosures protects their primary home, along with concrete rights and concerns by borrowers and depositors, as reported by Parikiaki.