Parliament to vote on fund for depositors
Parliament will vote on Friday on a Solidarity Fund to provide aid to Laiki depositors affected by the 2013 bail, the depositor’s group Sykala announced
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Deluge of bailout lawsuits moving at glacial speed
Five years on, of the thousands of private lawsuits filed in Cypriot courts against the March 25, 2013 bail-in, proceedings have yet to begin in
Laiki depositors want compensation pledge for their vote
Laiki bank depositors, who saw their uninsured deposits wiped out in March 2013 when the lender was wound down, on Wednesday announced their intention to
Bondholders to stage demo on Monday
SYKALA, the association representing some of the ex-Laiki depositors that lost all money in their bank accounts in excess of €100,000 in the March 2013
MPs shut door to Laiki depositors’ claim over asset control
By Angelos Anastasiou PARLIAMENT on Thursday deferred voting on the proposed piece of legislation transferring administration of Legacy Laiki to the failed lender’s depositors, effectively
Laiki administrator warns MPs over passing control to depositors
By Angelos Anastasiou Legacy Laiki administrator Chris Pavlou has warned parliament that transferring control over the entity’s assets from the Resolution Authority to the failed
Legacy Laiki head resigns, saying ‘I have had enough’
Legacy Laiki Special Administrator Chris Pavlou resigned on Tuesday saying he has had enough. “I have resigned tonight,” he told the Cyprus Mail. “I have
Our View: MPs at risk of creating bigger problems for Laiki
SYKALA, the association that represents some of the Laiki depositors that lost all money in their bank accounts in excess of €100,000 when the bank
Success of Laiki’s €4bn complaint against Greece could satisfy depositors
By Stelios Orphanides Creditors of defunct Cyprus Popular Bank, also known as Laiki, hope to recover a significant part of the money they lost after
Burned Laiki depositors protest
MEMBERS of the association of former Laiki depositors (SYKALA) and other bank debtors briefly tussled with police outside parliament yesterday, before marching onto the Presidential
Ex-Laiki depositors plan protest for March 26
THE Association of former Laiki depositors (SYKALA) has rescheduled to March 26 a planned demonstration outside parliament and the Presidential Palace, a date coinciding with
Questions remain over status of ex-Laiki depositors
By Angelos Anastasiou THE association of former Laiki depositors (SYKALA) continued its effort to secure the rights to the 18 per cent equity in Bank
Questions remain over status of ex-Laiki depositors
By Angelos Anastasiou The association of former Laiki’s depositors (SYKALA) continued its effort to secure the rights to 18 per cent equity in Bank of
Georgiades dismisses ‘conspiracy’ claims by ex-Laiki depositors
By Staff Reporter FINANCE Minister Harris Georgiades has branded as conspiracy theorists a group of ex-Laiki depositors claiming the government has handed control of the
Appeal to EBRD for quick-fix aid
By George Psyllides THE Cyprus government is appealing to the European Bank of Reconstruction and Development (EBRD), the fund that invests in emerging markets and
Laiki depositors vow to fight on
By Staff reporter THE association of depositors of former Laiki Bank has vowed to fight on to reclaim all the money “stolen” from them a
Our View: Audience with the king: Anastasiades is no Solomon
PRESIDENT Anastasiades is making a big mistake in granting audiences to a variety of interest groups that are making demands of the state. He probably
Laiki depositors seek direct say on BoC shares
By Poly Pantelides DEPOSITORS with what was formerly the island’s second biggest bank who have seen their money disappear overnight, said on Wednesday they wanted
Top court to rule on deposit freeze
By Elias Hazou THE SUPREME Court is today set to deliver a long-awaited verdict that will shape the fate of thousands of appeals lodged by