Greek Cypriots receive , €30m from north’s IPC so far this year
Greek Cypriots have received £25.4 million (€29.8m) in compensation from the Immovable Property Commission (IPC) in the north so far in 2024.
Immovable Property Commission
Council of Europe rapporteur visits Varosha
– Piero Fassino visited Varosha on Wednesday
– Fassino hopes Varosha will become a “living town” again with the agreement of the two parties concerned
– Fassino’s findings from the visit will be compiled into a report for the PACE’s next assembly in June
– All Council of Europe member states are expected to take the vote on the report into consideration
– Turkish Cypriot observers thanked Fassino for listening to both sides before preparing his report
New round of compensation coming from north, ’s property commission
The ‘government’ in the north has secured £68 million sterling (€79 million) to pay compensation to Greek Cypriots who applied to the Immovable Property Commission (IPC) and whose claims were processed by the end of 2020.