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National Solidarity Fund budget submitted to Parliament with 28.7 million euros for depositors · Cyprus Report

Economy · Cyprus

National Solidarity Fund budget submitted to Parliament with 28.7 million euros for depositors

1 sourceFirst reported 2 hours agoUpdated 2 hours ago

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The National Solidarity Fund has allocated €28.7 million this year for the second phase of compensation for depositors and bondholders affected by the restructuring of the Bank of Cyprus and Laiki Bank.
The budget for the National Solidarity Fund is scheduled to be submitted to the parliament for review.
The financial allocation aims to provide partial compensation for the losses incurred by those impacted.

Generated by AI from the 1 sources below · always verify with the originals

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Δεύτερη δόση για τους κουρεμένους: Στα €28,7 εκατ. φέτος η αποζημίωση - Στη Βουλή σήμερα ο προϋπολογισμός του εθνικού ταμείου αλληλεγγύηςPolitis · 2 hours ago

AI summary: catch up in 20 seconds

The National Solidarity Fund has allocated €28.7 million this year for the second phase of compensation for depositors and bondholders affected by the restructuring of the Bank of Cyprus and Laiki Bank.
The budget for the National Solidarity Fund is scheduled to be submitted to the parliament for review.
The financial allocation aims to provide partial compensation for the losses incurred by those impacted.

Generated by AI from the 1 sources below · always verify with the originals

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