Revisiting the 2013 banking crisis
DEBATE among the parties over the 2013 haircut on deposits flared up again this week after the publication of a book, A Diary of the...
haircut
Anastasiades ‘must answer questions raised’ by former CBC chief
President Nicos Anastasiades must answer the questions raised by former Central Bank governor Panicos Demetriades, instead of hiding behind slogans, main opposition leader Andros Kyprianou...
Akel: presidential pledges have become a joke
With election campaigning gradually intensifying, main opposition Akel and the government exchanged barbs on Tuesday over the state of the economy some five years after...
Neophytou calls for fund to compensate bondholders and depositors
A proposal for the creation of a compensation and social cohesion fund to compensate depositors and bondholders who lost money in the 2013 ‘haircut’, was...
Pensioners go on the march
Scores of pensioners staged a protest Thursday morning in the centre of Nicosia demanding that their benefits that have been slashed by more than 30...
Bondholders say that without dynamic actions ‘we will not win our fight’
Bondholders who lost money during Cyprus’ banking crisis said on Sunday they would step up measures for compensation but called off a mass protest planned...
Depositors won their appeals at the EU Court of Justice
By Alper Riza QC ON SEPTEMBER 20, 2016 the Court of Justice of the EU ruled that in negotiating the conditions under which Cyprus received...
European Court of Justice reaffirms ‘no’ to Cypriot bail-in claimants
The European Court of Justice on Tuesday upheld a previous judgement that dismissed actions calling for the annulment of a March 2013 decision to seize...
Time for state to ‘heal financial wounds’
The state is gradually reaching a point where it can afford to compensate, at least in part, people who lost money in the 2013 banking...
Omirou speaks of ‘unexpected’ phone call
President of the European Parliament Martin Schulz, acting on behalf of Chancellor Angela Merkel, asked Cypriot lawmakers to postpone a crucial vote on a proposed...
