The cabinet on Wednesday approved the amount of €100,005,000 for the national solidarity fund for the 2025 scheme to compensate losses for former Laiki bank depositors.
Finance Minister Makis Keravnos said the beneficiaries for 2025 were individuals whose deposits and securities had suffered a ‘haircut’ in 2013, due to the implementation of consolidation measures in the Bank of Cyprus and Laiki Bank.
“According to the terms and conditions of the
