Eesti in brief

Jan 27, 2010

Although the problem concerning overdue mortgage repayments seems to be under control in Estonia, between 500 and 700 families could still lose their home, says Aivar Rehe, chairman of the Estonian Banking Association. “Fortunately, doomsday scenarios of thousands of families going bankrupt and losing their homes did not come true. Ninety-five percent of people with mortgages made due payments this year and I hope that they will do so also in the future,” said Rehe. According to a ...

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