Панель управления
Language: ru en
Currency:
Call Me Back
Property in North Cyprus
Choose your dream house
Sale Rent
Sale Rent

Turkey to pay compensation to Cyprus in the amount of 90 million euros


Turkey to pay compensation to Cyprus in the amount of 90 million euros

Record payment of 90 million Euro to be paid by Turkey to Greek Cyprus for "human rights violations" during the island’s war in 1974.

Decision made by the European Court of Human Rights, has been received negatively by Turkey, and described as unfair.
The decision was reached on Monday 12 May, 20 years after the original lawsuit filed by the administration of South Cyprus in Strasbourg, demanding compensation for the "missing people during the war ," "lost property" and "other human rights violations ." Amount will be distributed to victims of the war by the Government of Southern Cyprus under the supervision of the Committee of Ministers of the Council of Europe.
Turkish Foreign Minister Ahmet Davutoglu commented: "We think this is a big blow to the ongoing peace talks. We do not believe that the court acted objectively and timeframe of the decision is meaningful. "

3449
18.05.2014

Share on social networks:

Other news


07.11.2026

North Cyprus Property Market in November 2026: New Purchase Rules, Taxes and Residence Permits

North Cyprus Property Market: New Purchase Rules, Taxes and Residence Permits in November 2026
26.10.2026

How Foreign Nationals Can Obtain a TRNC Driving Licence

New regulations for foreign driving licence holders came into effect in the TRNC (Northern Cyprus) on 6 October 2026. Who is affected, how can foreign nationals obtain a TRNC driving licence, and what examinations and training are required? Find out the key requirements, details of the 90-day transitional period and the exceptions that apply to certain nationalities.
08.10.2026

New Residence Permit Rules in Northern Cyprus: What Changed for Property Owners in October 2026

In October 2026, new rules came into force in Northern Cyprus regarding residence permits for foreign nationals who already own property with a registered title deed (TAPU) in their name, as well as those purchasing property under a sales contract where the TAPU has not yet been transferred.
07.09.2026

Northern Cyprus Property Market Main News and New Rules for Investors by Alliance

Real estate investment in Northern Cyprus is undergoing a major transformation. The period of chaotic speculative demand has transitioned into an era of high transparency and market maturity.