Compensation Plan for Individuals in 2025
June 10, 2025
The National Solidarity Fund Committee has decided on a compensation plan for individuals in 2025, capping compensation at €1 million. For the first payout, the total amount will be around €100 million, with a 10% reimbursement of net losses, capped at €100,000 per beneficiary. The process will include electronic notifications for applicants to confirm their amounts. The plan will affect depositors of Laiki and Bank of Cyprus.