Student loans in the United States

Total new loans in Cyprus increased by 172.8 million euros in November compared to the previous month, despite an increase in interest rates across all loan categories.

In 11 years, less than half of the amount of the guaranteed student loans have been reimbursed to the state. Students refrain from borrowing money because of the high interest rates, although a total of EUR 20 million was earmarked for student loans in 2021. In 11 years, only 1,274 students have applied for a student loan.

Ljubljana – The government is proposing the sixth coronavirus relief package be amended to extend the moratorium on bank loan repayments for some types of borrowers until the end of the year. The amendments are to be rushed through parliament.

The new loans extended by Romanian banks to the population and companies, which amounted to 84 billion lei last year, a year marked by the COVID 19 health crisis, are slightly above the level of new loans accessed in 2019 and holds a share of almost one third in the balance of non-government credit, according to the Romanian Association of Banks (ARB).

The landscape is changing for the hundreds of thousands of loans subject to a repayment moratorium since the start of the pandemic in Greece.

Banks are raising serious concerns about the draft bankruptcy code the government is preparing and the clauses on the protection of borrowers' main residence, believing it will serve as another method for delays at the expense of lenders and the state.

Banks offer to be able to reschedule loans between three and six months because of the coronavirus pandemic. Each credit institution will decide what its rescheduling rules will be, and each case will be considered individually.

The Investment Committee of the "Save At Home II" fund (Exikonomisi Kat' Oikon II) convened this week to ensure that the home improvement projects included in the first and second cycles of the state subsidies program would continue to be implemented, giving economic activity something of a small boost in what is a very difficult period.

Turkey's state-owned banks have agreed to further reduce loan rates to support economic activity, Treasury and Finance Minister Berat Albayrak has said.

The European Commission said on Thursday it has accepted Greece's plan to protect the primary residencies of debtors who cannot repay their mortgage loan.

"The Commission concluded that, with respect to individuals, including those performing an economic activity, the measure does not involve any state aid," it said in a press release.