Following the unsuccessful cases brought by 200 private holders of Greek debt instruments, it is now the turn of the commercial banks to see their compensation claims against the ECB following the restructuring of the Greek debt in 2012 rejected by the General Court of the EU.
The judgement returned by the General Court on Tuesday 24 January, in a case (T-749/15) concerning a company and a bank established in France and holding Greek debt instruments, does not deviate from the judgement...