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. 

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