The Court of Justice of the European Union rejected, on Wednesday 16 December, the actions for damages brought by individuals and companies claiming compensation for behaviour and acts of EU institutions which led to the macroeconomic rescue of Cyprus in 2013 (cases C-603 and 604/18).
In July 2018, the General Court of the EU rejected the claims for compensation of account holders and shareholders of the Cypriot banks Laïki and Bank of Cyprus (see EUROPE B12062A30). The complainants said...