KEDIPES Transformation Underway, Request To Be Submitted To DG Competition In July

The request for the transformation of Cyprus Asset Management Company (KEDIPES) into an asset management body and the implementation of the mortgage-to-rent plan is expected to be formally submitted to the Directorate General of Competition next July, said a Ministry of Finance official, stressing that the Government is processing the issues of eligibility so that the new plan for the protection of the first residence and professional housing does not have the same results as the ESTIA plan.

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