EU court sets limit on central bank liability for damages to erased creditors

The Slovenia Times | Sep 13, 2022 at 10:42 PM
  • The EU Court has effectively set limits on the Slovenian central bank’s liability for damages claimed by junior creditors who were wiped out in the 2012-2013 bank bailout.
  • In a ruling issued on Tuesday, it indicated the extent of damages and eligibility must be precisely determined so as to prevent monetary financing.