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Lower house overrides veto on bail-in recourse bill

Ljubljana, 22 November - Th National Assembly has overridden the upper chamber's veto against a bill that would allow the holders of subordinated bank liabilities wiped out in the 2013 bank bailout to sue for damages. However, the law will not be implemented just yet as the central bank is planning to challenge it at the Constitutional Court.

Ljubljana
People lined up to subscribe for shares of NKBM bank in 2007, having them wiped out in the 2013 bailout.
Photo: Domen Groegl/STA
File photo

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