Cyprus Home — 11 December 2012

NICOSIA – Holders of convertible bonds have stormed the House of Representatives.
They forced their way into the building and interrupted a meeting of the House Ethics Committee which was discussing the matter.
The bond holders claim they were misled by the banks into buying the bonds, which have seen their value decimated by the Greek crisis.
They are demanding that MP’s do not agree to a Troika suggestion that the bonds are converted into shares.
Members of the police also demonstrated Tuesday outside the House against Troika demands that a number of their benefits be removed.

 

 

Published by:  www.incyprus.com.cy

 

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