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Germany: Two hundred investors sue ECB over "unfair" Greek debt deal
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04.10.2015
The European Central Bank (ECB) stands accused over its role in Greece's debt restructuring programme by more than 200 investors in a case which violates its creditor status and opens the door to a host of legal action, Sunday. Footage shows the ECB building in Frankfurt. A group of Italian investors have claimed damages of over €12 million (€13.4 million) from the ECB for the alleged violation of their equal creditor status. According to those involved in the case, the ECB gave preferential treatment and imposed heavier losses on non-official debt holders during the Greek debt crisis.
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