Constitutional Court annuls act providing recourse for bailed-in bank investors

Ljubljana, 7 March - After staying it in 2020, the Constitutional Court has now annulled a law that would require the Slovenian central bank to cover all repayments to those who lost their investments during the banking sector bailout of 2013. The top court argued that tasking Banka Slovenije with paying lump-sum damages is at odds with the constitution.

Banka Slovenije headquarters.
Photo: Nebojša Tejić/STA

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