Agence France-PresseOctober 31, 2013 13:46
Cyprus's parliament said Thursday it will review a controversial law slashing rents after President Nicos Anastasiades sent it back claiming it was unconstitutional.
The law, aimed at easing pressure on cash-strapped consumers, requires landlords to lower rents by as much as 20 percent.
But Anastasiades has said it violates the constitution, which protects the freedom of parties to reach their own contractual agreements, and has exercised his prerogative to send it back.
Political parties said they would review the law and take a vote on it next week.