EU Court Says Slovenia, Serbia Must Pay Savers of Banks

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The European Court for Human Rights ruled in favor of three Bosnian citizens who sued Slovenia and Serbia for lost savings when the collapse of Yugoslavia in the early 1990s split up two former state banks, setting a precedent for others trying to recoup their money.

The Strasbourg, France-based court said Serbia must pay Sakib Sahdanovic and Slovenia must compensate Emina Alisic and Aziz Sadzak each 4,000 euros ($5,124), accordoing to the ruling posted today on its website.