TREATMENT OF THE EUROGROUP CYPRIOTS DEPOSITORS BANKS AND SHAREHOLDERS ...

In a lawsuit against the Eurogroup and other institutional
institutions of the European Union (European Central
Bank , etc. ) fifty Cypriot depositors and shareholders of
Cypriot banks seeking compensation ...
on the "haircut" of their deposits .
The class action filed by the Bar
Office Christostomides Cyprus , which for
This case works with teachers and
other jurists abroad.
It is the first time to pay the
European Union General Court of Justice
has to decide if his actions can Eurogroup
be attributed to the European Union and
establish entitlement to compensation
applicants.
Specifically , the applicants claim compensation mainly
the adverse effects caused to
Same with the decision of the Eurogroup, dated 25
March 2013 , which imposed measures
Democratic consolidation in the Bank and the Bank of Cyprus .
All defendants and the EU generally accused
serious violations of the right to property and
the general principles of non- adverse
discrimination of legitimate
expectations and proportionality
enshrined in European Law .
The lawyer Cyprus Spokesman said that the Cyprus
is the only Member State of the EU , which was given
financial assistance provided to implement
recapitalization by the same means , and other
coercive measures .
This raises , according to the Spokesman ,
important legal questions and new arguments ,
the validity of which is now called the court to
judge as to the scope of corporate liability
EU .