Disy submits bill to ease burden on ‘trapped’ loan guarantors

Opposition party Disy have presented a proposed law aimed at relieving thousands of guarantors who remain financially liable for loans without having received any benefit.

Speaking at a press conference on Friday, Disy president Annita Demetriou said it was “not possible for thousands of our fellow citizens to remain trapped for so many years, without having received a single euro”.

The bill was submitted to parliament on Thursday, presented by MP Averof Neophytou and co-signed by MPs from across the aisle.