Limassol Court dismisses depositor claims over 2013 haircut

The Limassol District Court on Thursday dismissed consolidated lawsuits filed by depositors against Cyprus Popular Bank (Laiki), the Central Bank of Cyprus, and the Republic of Cyprus, regarding the 2013 haircut. The four claimants sought compensation for losses incurred due to a haircut on their deposits at Cyprus Popular Bank. They alleged negligence and breaches … Continue reading Limassol Court dismisses depositor claims over 2013 haircut