Cyprus to begin compensation payouts for “haircut” depositors and bondholders by mid-2025

The Cypriot government plans to start disbursing compensation to depositors and bondholders affected by the 2013 “haircut” by mid-2025, Finance Minister Makis Keravnos announced on Thursday. He said that the government has taken specific initiatives to compensate the “haircut” depositors and bondholders, aiming to rectify the injustices they suffered. The process is well underway and … Continue reading Cyprus to begin compensation payouts for “haircut” depositors and bondholders by mid-2025