The President of Cyprus Nicos Anastasiades embarks on a series of meetings with government officials, to reach, as he said, the best possible solution on the issue of foreclosures and avoid an unpleasant outcome, if the bill is not passed.
The bill needs to be approved by the Cyprus House before the next Eurogroup meeting, in September, for the country to receive the next tranche of international assistance. Although the government reached a deal with the Troika, opposition parties say the bill cannot be approved as it is and ask for changes or additional legislation. International lenders have ruled out all changes proposed by political parties.
In statements on Sunday, President Anastasiades noted that more people may attend the meetings, beside government officials.
He added that the government aims at safeguarding vulnerable groups, and that there must be “limits” or “safety valves” in this necessary process.
As CNA learns, the meeting will take place on Monday morning, at the presidential summer residence, in the Troodos mountain, and will be attended by Finance Minister Harris Georgiades and Interior Minister Socratis Hasikos, among others.