The European Commission's DG of Competition has approved an interest subsidy scheme for housing loans concluded between 1 January 2022 and 31 December 2023 and concerning the purchase or construction of a primary residence for families with an annual income of €50,000.
Speaking during a 20 February press briefing at the Presidential Palace, Government Spokesperson Konstantinos Letymbiotis said that the DG Competition has decided that the scheme does not contain any element of state aid, either to the credit institutions that will participate or to the natural persons who are the final beneficiaries and therefore it can be applied.
Continue reading at source: cbn.com.cy
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