Bail-in victims to challenge troika’s policies at the ECJ

Written by on October 11, 2013 in Europe - No comments

Dozens of Cypriot depositors and others who have been affected by the so-called “bail-in” imposed on the island country by its creditors have already chosen legal avenues in pursuing the cancellation of the decisions that led them to suffering economic losses.

Now the Anglo-Hellenic and Cypriot Law Association is leading a campaign for “justice against the troika”, inviting people affected by last spring’s developments to attend a meeting with legal experts.

“It is not about how many people have been affected or how many will opt for a legal challenge of the eurozone decisions. It’s about the unfairness of the whole thing and the suffering caused,” Kate Alexander-Theodotou, chair of the Association tells IBNA. “People have a right to know their options and be represented,” she adds.

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(Photo: Jason Morrison/sxc.hu)

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