Constitutional Court clears bail-in, but orders better recourse

Ljubljana, 27 October - The Constitutional Court has upheld the core of the legal basis for the scraping of bank shareholders and junior bondholders during the 2013 bank bailout in a landmark decision, but it ruled that several provisions on legal recourse are unconstitutional and should be corrected.

Ljubljana The Constitutional Court.

Ljubljana
The Constitutional Court.

The rest of this news item is available to subscribers.
The news item consists of 4.109 characters (without spaces) or 769 words words.

Buy the news item. Price: 2 tokens; on account: 0 tokens.

sm/gz/ep/ep
© STA, 2016