DEBT DISCHARGE LAW
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Piraeus Bank Set Up Provisions Of EUR9M For Loans Subject To Debt Discharge Law
Piraeus Bank set up provisions (reserves covering potential risks) worth EUR9 million for loans that might fall under the debt discharge law, bank representatives said on Wednesday.
Imobiliare.ro: Apartment Prices In Romania’s Big Cities Fell After Enforcement Of Debt Discharge Law
Only a month after the enforcement of the debt discharge law, apartment prices in capital city Bucharest and across Romania saw declines of 0.7% to 4% on the residential segment, according t...
President Klaus Iohannis Signs Debt Discharge Bill Into Law
Romanian President Klaus Iohannis on Thursday said it signed into law a debt discharge bill allowing retail mortgage borrowers to return real estate collateral to banks in exchange for writi...
Disappearance Of First Home Program Can’t Be A “Defining Element” In Romania – Real Estate Analyst
The disappearance of the government-backed mortgage lending First Home program after the implementation of the law on debt discharge does not represent “a defining element” in Romania, accor...