Government: Loan moratorium for vulnerable people, firms; to freeze state employment
Wednesday, May 25, 2022
The government said it plans to introduce a temporary moratorium on bank loan repayment by people and companies in financial distress as of July 1 as part of a 1.1 billion euro ($1.17 billion) package of social and economic measures, and aims to freeze employment in administration and state institutions. The repayment of loan installments will be postponed for nine months for those who "were impacted by ...