Greek depositors say ICSID battle looming for Cyprus

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Greek depositors say ICSID battle looming for...
 © CyprusMail 2020
Cyprus’ state legal service has said the claims of over 900 Greek nationals seeking compensation for the money they lost in the 2013 haircut on deposits have no grounds.

In total 965 depositors and bondholders from Greece sent the Cypriot parliament a letter calling on MPs to exert any influence on the President of Cyprus, for a speedy resolution of the issue, “in a case that is almost certain to end in our favour.” They said they sent a copy also to the Greek government calling for pressure at the highest level.

Last February, the international...


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Greek depositors say ICSID battle looming for Cyprus


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Article Tags: greek, depositors, icsid, battle, looming, cyprus,