Cyprus will begin compensating depositors and bondholders affected by the 2013 Laiki Bank bail-in starting May 2024, Finance Minister Makis Keravnos said Wednesday. The minister made statements to the press following a meeting with President Christodoulides and representatives of the Laiki Bank Depositors Association (SYKALA). About 13,000 applications for compensation have been submitted through an … Continue reading Cyprus to begin payouts to Laiki Bank haircut depositors in May