The press sees difficult days for the Immovable Property Commission


Under the title “Neither payments exist nor applications”, Turkish Cypriot daily Havadis newspaper (08.08.17) reports that the “immovable property commission”, which “is mentioned as the biggest right gained by the TRNC and Turkey at international level during the past years, is experiencing difficult days, because the resources necessary to the commission are not secured”. According to the paper, problems are caused due to the serious decrease in the financial resources granted by Turkey since 2015 and the inability of the “government” of the breakaway regime to find the necessary resources for implementing the “commission’s” decisions.

The decline in the number of Greek Cypriot applications started in 2014 during which 375 applications were filed, while this number had been 1,337 in 2013. Furthermore, the number of applications deceased to 182 in 2015, 50 in 2016 and 19 in the first eight months of 2017.

Since 2006 the “Commission” paid 238 million 574 thousand 231 sterling pounds as compensation to Greek Cypriots for their occupied properties. Within the framework of the decisions taken by the “Commission” 22 million sterling pounds were paid in 2015, which is approximately equal to the total amount paid in 2016 and 2017 during which only 23 million pounds were spent, because of the reduction of the resources.

Since 2006, 6,330 applications have been filed and only 1,029 of them were concluded.

Source: PIO

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