Savvides

Nicosia is vindicated for 2013 haircut

Published by Kathimerini on Fri, 05/24/2024 - 03:00

Cyprus Attorney-General George Savvides said on Thursday that a decision by the World Bank's International Center for Settlement of Investment Disputes on the case Theodoros Adamakopoulos and others v. Republic of Cyprus, "vindicates" Cyprus, as regards the measures it took in 2013, with the haircut on bank deposits.