Cyprus collects €5m in legal expenses from Marfin win

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Cyprus collects €5m in legal expenses from...
 © CyprusMail 2019
The Republic has collected the €5m recently awarded to it for legal expenses in a case it won against a Greek investment firm at the International Court of Arbitration, attorney-general Costas Clerides said on Thursday.

Clerides said the €5m has been received from Marfin Investment Group (MIG) and deposited into the Republic’s account.

Back in July, the arbitration court ruled that Cyprus had not violated any of its obligations stipulated in a mutual investment protection agreement with Greece, as claimed by the plaintiffs, MIG.

The...


This article was automatically added to our system 6-12-2018

Cyprus collects €5m in legal expenses from Marfin win


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Article Tags: cyprus, collects, legal, expenses, marfin,