Supreme Court rejects appeal over 2013 ‘haircut’ case
The Supreme Court has dismissed an appeal from a Polish woman seeking compensation from Cyprus for losses during the 2013 banking crisis, it was made known on Thursday.
The case involved ...
Forty-four million in compensation paid to 2013 depositors, says Letymbiotis
Compensation payments of about €44.36 million were made to 4,524 affected depositors and holders of securities from the 2013 banking crisis, government spokesman Konstantinos Letymbiotis said on Thursday.
Speaking to reporters at the ...
Cyprus may borrow to repay €6.3 billion bailout, MP warns
An MP on Thursday claimed that the Cypriot state was preparing to “borrow again” to repay a €6.3 billion bailout granted back in 2013.
Zacharias Koulias (Diko) made the comments while the ...
The tortuous and pricey road to saving Cyprus in 2013
Ten years ago almost to the day, international lenders made Cyprus an offer it couldn’t refuse – close your second largest commercial bank and seize almost half of uninsured deposits ...