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Europe Daily Bulletin No. 11089

28 May 2014
Contents Publication in full By article 22 / 29
ECONOMY / (ae) cyprus
Commission and ECB taken to court over lost savings

Brussels, 27/05/2014 (Agence Europe) - Three individuals and a company that lost some of their savings in Cypriot banks as a result of the bail-in raids on two Cypriot banks are taking action in the European Court of Justice against the European Commission and European Central Bank in cases T-149 to T-152/12, announced in the EU Official Journal of Monday 26 May.

The savers are demanding compensation accusing the two European institutions of having: - “manifestly and gravely disregarded...

Contents

EUROPEAN COUNCIL
A LOOK BEHIND THE NEWS
INSTITUTIONAL
SECTORAL POLICIES
ECONOMY
EXTERNAL ACTION