North Cyprus News Update | Interest Rate Law passed but “it is much changed”

The law to help borrowers with their interest payments, the Bill we have all been calling ‘the interest rate capping law’ has been passed yesterday by the TRNC Parliament.  Early signs are that it is much changed from that which we expected, so we will have to wait to hear ‘the nuts and bolts’ details. I understand will be given to the Government newspapers during the next few days.

I am begining to doubt it will be of use to any of the property scam victims. I hope I am wrong.

When I learn more, so will you

Never give in never give up.

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