Category Archives: Turkish-Cypriots

ECHR Vs. Turkey: Cyprus Wins

Source: Channel4

According to a decision by the European Court of Human Rights (ECHR), Turkey has to pay 90 million Euros in damages to Cyprus in compensation for its 1974 invasion of the island. Turkey was again called by the ECHR to pay a 13 million Euro compensation to Cyprus over property rights violations in the occupied territories, in 2009.

The Court’s decision is a victory, not only for Cyprus and its people, but also for Justice itself. An internationally renowned Court has yet again ruled the Turkish invasion and occupation of 37% of the island illegal, along with a big number of United Nations Security Council resolutions. Continue reading

Economic Crisis in Cyprus: Repercussions, Turkey and the Turkish-Cypriots

As a result of the global and European (Eurozone) systemic economic crisis, as well as due to domestic structural problems, human errors, and the direct linkages of the banking sector to the Greek economic and financial crisis, Cyprus has found itself gradually sinking into its own economic depression. This led to months-long negotiations between Cyprus and the Troika (the European Commission, the European Central Bank, and the International Monetary Fund) for the eventual signing of a memorandum of (austerity) measures that would entail a bail-out package. Although the Cypriot parliament has passed a number of bills based on the negotiated memorandum, a final agreement has not yet been reached and the final, completed, form of the memorandum has not yet been signed. To be sure, these rapid economic developments have broad political implications on issues such as the resolution of the Cyprus Problem, the role and views of Turkey, Turkey-European Union (EU) relations, and the views of the Turkish-Cypriot community.

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