Turkey ordered to pay $132 million to Cyprus

Two decades after the Greek-Cypriot government filed the case, the European Court of Human Rights (ECHR) ordered Turkey on May 12 to pay 90 million euros ($132 million) in compensation relating to its 1974 military intervention.The court only put a price tag on a decision it took back in 2001 when it ruled on two groups, “namely 1,456 missing persons and the enclaved Greek-Cypriot residents of the Karpas Peninsula.”

Turkish Foreign Minister Ahmet Davutoglu angrily reacted, saying the judgment is not legally binding, and that the court's decision would harm efforts at reconciliation. “We don’t legally recognize the Greek-Cypriot side,” Davutoglu said on May 14. “The court, therefore, can't impose a decision on us regarding a country that we don’t recognize.”