28
Apr
2026
Watch
The Commission’s 2025 Rule of Law report (debate)
Mr President, banks are taking the homes of thousands of citizens inside the European Union. This has been happening in my country, Cyprus, where, for more than 30 years, banks keep having abusive contract terms in loan agreements. Even though this goes completely against EU law, the Cypriot Government does nothing to enforce it. But there is a solution: citizens should have the right to appeal to court to stop a foreclosure if they believe there were abusive clauses in their loan agreement. This is basically one of the proposals made by the Cypriot Parliament. But our President, Nikos Christodoulides, refuses to sign it. This is completely unacceptable! If we make regulations here to protect the EU citizens, but they are not being respected in the Member States, then what are we doing here? Thank you so much. I love you all.