#2013 HAIRCUT

The cabinet on Wednesday approved the amount of €100,005,000 for the national solidarity fund for the 2025 scheme to compensate losses for former Laiki bank depositors. Finance Minister Makis Keravnos said the ...

An ‘unprecedented mass claim’ of Laiki and Bank of Cyprus depositors and bondholders amounting to US$600 million was dismissed at the International Arbitral Tribunal of the World Bank, the Legal ...

A total of 7,500 people have submitted applications for participation in the national solidarity fund scheme for depositors and bondholders affected by the bank haircut in 2013, it was revealed on Thursday, ...

Disy MP Averof Neophytou on Tuesday called on other parties to quickly adopt and pass through the legislature a proposal affording partial restitution to those who saw their bank savings ...

A court decision awarding over €780,000 to a depositor who lost his Laiki Bank savings due to the 2013 ‘haircut’ ignited a wave of reactions on Thursday, with the attorney general’s ...

Constantinos Petrides: ‘we are embarking on a similar course that led to the 2013 haircut’ Former finance minister Constantinos Petrides has slammed what he says is the hypocrisy of politicians over ...

The District Court of Famagusta rejected another citizen lawsuit against the state for losses incurred through the 2013 haircut on bank deposits. According to a statement from the Legal Service, the ...

A lawyer has received a nine-month jail sentence for crimes committed over eight years ago, centred on forging official documents. Limassol district court issued its sentence on Wednesday after it ...

Limassol district court on Monday rejected a court case claiming the measures taken in March 2013 were unconstitutional and illegal. The president of the Limassol district court dismissed a lawsuit against ...