Laiki depositors applaud action on solidarity fund

Laiki depositors who lost their fortunes a decade ago after the banking crisis and meltdown of the Cyprus economy are hoping to get a tenth of their money back some time next year. The Depositors Association of the former Laiki Bank (SYKALA) voiced its approval of the government making good on a pre-election promise by President Nikos Christodoulides’ to put into motion the Solidarity Fund for depositors affected by the 2013 haircut. In comments to CyBC state radio, SYKALA president Adonis Papaconstantinou affirmed that an online platform for affected depositors to submit their information is now up and running and