How and with how much the severed depositors will be compensated

How much money has been accumulated in the Solidarity Fund and how will the 2013 depositors be compensated.

laiki 56 depositors, Haircut

Total 110 million have accumulated in the National Solidarity Fund after and correction of the 30 million blunder corrected by the adoption of the 5th Supplementary Budget.

As mentioned in yesterday's session of the Parliamentary Finance Committee after its correction "Inadvertently incorrect accounting entry" of 2019 The fund, which aims to financially support the cropped depositors of 2013, has a total of 110 million euros in cash, while there are additional real estate assets in its assets.

The correction of the mistake will be made with the final vote of the supplementary budget that will be put before the Plenary Session of the Parliament next Thursday.

It is noted that the Solidarity Fund was announced by the President of the Republic in 2017 and was created in 2018.

Since then, the Fund has been financially supported with additional funds with inflows from public funds approved during the annual state budgets.

During yesterday's session, the Director General of the Ministry of Finance was asked by the deputies about the Fund clarified about the wrong accounting that they had been aware for a long time, however, priority had been given to other issues mainly related to the pandemic and therefore the correction was delayed.

He also revealed that instructions have already been given to the Board of Directors of the Solidarity Fund in order to draw up a plan to channel the funds to the 2013 depositors.

An additional 80 million in real estate

According to information from Economy Today, the Solidarity Fund has additional assets 80 million in real estate.

The real estate has been given by the state during the creation of the fund in order to strengthen its assets.

The present value of the properties, according to the latest estimates, is around 80 million euros.

Hence the total The Fund 's assets amount to EUR 190 million.

The creation of a "haircut" compensation platform is in progress

According to sources of Economy Today at the Ministry of Finance, the creation of the platform that will examine the applications submitted by the depositors whose deposits have been "impaired" in 2013 is in progress.

The compensations will be given to the beneficiaries depending on the amounts that have been cut but also economic and social criteria that will be set in the next period.

As he implied, the compensations will be made on the basis of the total reserves that will be in the fund but also on the basis of all the depositors whose deposits have been cut and will submit the relevant applications.

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