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Europe Daily Bulletin No. 12262

25 May 2019
Contents Publication in full By article 18 / 31
COURT OF JUSTICE OF THE EU / Greece
Dismissed action against ECB by private investors who suffered losses during restructuring of Greek debt in 2012
Brussels, 24/05/2019 (Agence Europe)

On Thursday 23 May, the General Court of the European Union dismissed the action for compensation in Case T-107/17 brought against the European Central Bank (ECB) by private investors who suffered losses as a result of the restructuring of the Greek public debt in 2012, considering that this restructuring did not constitute a disproportionate and intolerable infringement of the right to property. 

Following the outbreak of the Greek public debt crisis in 2009, Athens considered...

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