The Council of Ministers extends deadline for ESTIA ( decision no. 87/759)
In particular, the timeline of the ESTIA scheme implementation for each phase, changes as follows:
Phase |
Previous deadline |
New deadline |
Application period for borrowers |
15/11/2019 |
31/12/2019 |
Eligibility assessment by banks |
29/11/2019 |
10/01/2020 |
Approval process by the Competent Agency |
31/03/2020 |
15/05/2020 |
Restructuring process by banks |
16/12/2019 |
31/01/2020 |
The rest of the scheme’s details (eligibility criteria, application documents etc) remain the same.