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| <office@sarahludfordmep.org.uk> | Sarah Ludford MEP | 3rd September 2010 |
Euro-MP welcomes Orams Cyprus property judgement10.16.12am BST (GMT +0100) Thu 7th Sep 2006 London's Liberal Democrat MEP Baroness Sarah Ludford has welcomed the judgement in favour of British couple Mr and Mrs Orams in their fight to keep their holiday home in northern Cyprus. Baroness Ludford said: "Property is a complex and understandably emotive issue throughout Cyprus. The respective rights of original and later owners or occupants can only be resolved finally in a political settlement between Cypriots, not through legal action in British courts." "It is important that the new North Cyprus Property Commission is used to its full potential in settling restitution and compensation claims. The Republic of Cyprus should consider establishing a similar structure without delay." "It is unhelpful to economic development on the whole island if foreigners cannot feel safe investing their hard-earned cash in property there."
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Related News Stories:Wed 20th Jan 2010: Orams ruling no substitute for Cyprus political settlement . Fri 1st May 2009: European Court judgement on property in North Cyprus . Wed 12th Jul 2006: Published and promoted by Ashley Lumsden on behalf of Baroness Sarah Ludford MEP and the Liberal Democrats, all at 4 Cowley Street, London SW1P 3NB. The views expressed are those of the party, not of the service provider. |