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

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, which fell due in 33 cases of the “Xenides-Arestis” group, remains unpaid, while the examination of the individual measures of Titina Loizidou, a Greek Cypriot who applied for her property in Kyrenia, is also pending.

Source: Cyprus news Agency