Politics · Cyprus

President announces reopening of application platform for depositors who missed deadline

3 sourcesFirst reported 12 days agoUpdated 12 days ago

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President Nicos Christodoulides announced that the platform for applying for compensation for "haircut" depositors will reopen for those who missed the previous opportunity.
The decision was made in response to voices from the public following the Finance Ministry's update that no new plan would be developed in 2026.
The reopening of the application platform aims to allow affected individuals to submit their claims, with compensation dependent on the results of the applications.
Christodoulides made the announcement as he arrived at a public ceremony, emphasizing the government's intention to assist those who were impacted.
The news comes amidst ongoing discussions about financial adjustments and support measures for depositors.

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Cyprus President Nikos Christodoulides announced that the platform for submitting applications from affected depositors will reopen, allowing those who missed the initial application period to apply for compensation. This announcement was made during an official event on July 9, 2026.

The government's decision comes in response to concerns raised by various groups, particularly in light of the Ministry of Finance's recent statement that no new compensation plan would be developed for 2026. President Christodoulides indicated that the reopening of the application platform aims to facilitate those who were unable to apply previously, and that the government will assess the results before proceeding with any compensation disbursement.

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President announces reopening of application platform for depositors who missed deadline

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