Presidential Candidate of the Republic of Cyprus Achilleas Demetriades is currently in London to participate in a series of events organised by the Cypriot community in the United Kingdom.
On Tuesday 22 March, Mr Demetriades was the main speaker at an event organised by the "Hellenic Centre" in London, where he briefed a wide audience in English on the latest developments regarding Varosha.
Subsequently, the Presidential candidate spoke in Greek at the premises of the "Hellenic Cypriot Brotherhood", in North London, on the same subject, informing the homogeneity of the latest developments.
In his presentation, Mr. Demetriades said that especially regarding the claims of the EBKAF, the Foundation's claim that Varosha belongs to it is not valid, explaining that in 1960 a compromise was reached between the British government and the Turkish Cypriot leadership which received £1.5 million in compensation and renounced all rights to the EBKAF property.
He also stressed that the enclosed town, i.e. Varosha, is under special status in accordance with UNSC Resolutions 550 and 789. Today, he continued, a pilot case is pending for the property of an ethnic Greek refugee in Varosha demanding restitution and compensation for loss of use.
The EBKAF claims to be present in the case as an interested party, which Mr.
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