Nicosia calls on Turkey to pay outstanding compensation to Greek Cypriot property owners

nicosia-calls-on-turkey-to-pay-outstanding-compensation-to-greek-cypriot-property-owners
Advertisement

Cyprus points to Turkey’s “blatant disregard of its legal obligations” to comply with judgements issued by the European Court of Human Rights in relation to outstanding compensation in Greek Cypriot property cases. Nicosia notes in particular that Ankara’s outstanding debt, as compensation for the loss of use, exceeds €50 mln in the “Xenides-Arestis” group of cases alone. In a memorandum to the Committee of Ministers of the Council of Europe, sitting on September 14-16, the Republic of Cyprus says that compensation, …

Advertisement
Advertisement
Previous articleCyprus Stock Exchange
Next articleCyprus and Bahrain FMs sign visa waiver agreement