Turkey to pay record compensation to Greek Cypriots: ECHR
The European Court of Human Rights (ECHR) has ruled for Turkey to pay 90 million euros in compensation to Cyprus for the Turkish military’s 1974 intervention in one of the largest judgments in its history.
30 million euros of the compensation package would be reserved for the missing Greek Cypriots and distributed to their living relatives, while 60 million euros in damages will be paid for "the enclaved Greek-Cypriot residents of the Karpas peninsula," according to the ECHR ruling.
Europe’s top human rights court said the passage of time did not erase responsibility in the case and ordered Turkey to pay the compensation in 18 months.
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Before the announcement of the latest verdict, Turkish Foreign Minister Ahmet Davutoğlu said the ECHR’s ruling would “neither be binding nor carry any value” for Ankara.
“The case has been brought to the agenda within a decade and in international law, it’s actually not binding and it does not have any value with respect to our views. It has many legal disadvantages and the timing is very problematic,”Davutoğlu told reporters on May 12.
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