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Slovenia approves scheme to pay back Yugoslav bank deposits

Slovenian lawmakers approve legislation to compensate Bosnian and Croatian citizens for bank deposits lost with the disintegration of YugoslaviaSlovenian lawmakers approved Monday legislation to compensate Bosnian and Croatian citizens for bank deposits lost with the disintegration of Yugoslavia, an issue that has poisoned relations for two decades and sparked a European court case. Slovenia’s government expects around 300,000 claims worth up to 385 million euros ($437 million), which will be repaid starting next year. The compensation scheme was required by the European Court of Human Rights, which ruled in July 2014 against Slovenia in a case brought by a group of Bosnian citizens over savings deposited in the Slovenian Ljubljanska Banka’s Sarajevo subsidiary before the 1992-1995 war in Bosnia.

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