Turkish Cypriot daily Halkin Sesi newspaper (08.10.15) reports that Turkey has accepted to pay 40% of the cost of the compensations for the solution of the property issue in Cyprus in case of a global exchange of properties takes place and the ownership of the Turkish Cypriot properties in the government-controlled area of the island passes to the Turkish side.
“It has been known that the acceptance by Turkey to cover 40% of the compensations has excited very much the leader of the Greek Cypriot administration Nicos Anastasiades”, claims the paper adding: “According to information obtained by Halkin Sesi, it is claimed that Turkey has accepted to cover 40% of the property compensations in case a global exchange of property takes place and the ownership of the Turkish properties in south Cyprus passes to the Turkish side.
Accordingly, a global exchange of properties will take place in the property which is one of the most complex issues of the Cyprus problem and as soon as the compensations are paid, the ownership of the Turkish properties in south Cyprus will pass to the Turkish side.
In this case Turkey will cover 40% of the compensations as regards the properties and will activate the banking system with the aim of securing financial support to the issues which will come up regarding the property.
It is further claimed that all these and the details of the issue were told by President Recep Tayyip Erdogan to President Mustafa Akinci. Among the information which we obtained is that during his meeting with Akinci, Erdogan explained Turkey’s stance for overcoming the property problem and offered support”.