Search Site

Trends banner

UAB net profit up by 50% for H1

Total assets increase by 11 percent.

TSMC Q2 profit up 60%

TSMC is the world's largest contract maker of chips.

ADNOC shifts OMV stake to XRG

XRG is ADNOC's wholly-owned international investment company.

SIB H1 net profit $189m

The bank's total assets increased by $1.49 billion.

TSMC’s H1 revenue up 40 percent

Robust demand for AI technology behind the surge.

Ankara urges Europe rights body to avoid any decision against Turkey

Osman Kavala.
  • Osman Kavala, a 64-year-old civil society leader and businessman, has languished in jail without being convicted for more than four years
  • An Istanbul court ordered Kavala to stay in jail on November 26, even after his case led to a diplomatic standoff between Turkey and 10 Western embassies including the US

Turkey on Thursday called on the Council of Europe to avoid punishing Turkey ahead of a decision this week on whether Ankara could face rare disciplinary proceedings over the case of a jailed activist, Agence France-Presse reported.

“Out of respect for the ongoing judicial process, we invite the Council of Europe to avoid taking a decision which will qualify as interference with the independent judiciary,” the Turkish foreign ministry said in a statement.

Osman Kavala, a 64-year-old civil society leader and businessman, has languished in jail without being convicted for more than four years, accused of financing 2013 anti-government protests and playing a role in the 2016 coup attempt.

He denies the charges and has remained in prison despite a December 2019 ruling by the European Court of Human Rights (ECtHR), which comes under the Council of Europe.

The rights body’s committee of ministers, which is responsible for overseeing the implementation of ECHtR judgements, began meeting between November 30 and December 2.

The committee of ministers has this week considered whether to launch infringement proceedings against Turkey over the failure to release Kavala last month.

An Istanbul court ordered Kavala to stay in jail on November 26, even after his case led to a diplomatic standoff between Turkey and 10 Western embassies including the US.

There were unconfirmed reports on Thursday that the Council of Europe agreed to launch proceedings against Turkey, after which the ministry issued the strong statement.

The Council of Europe had taken on an “inconsistent approach by insisting on keeping the decision on Kavala on the agenda,” the ministry said.

“It first of all damages the Council of Europe itself that the existing mechanisms… are used against certain countries based on political concerns, not according to a legal and fair understanding,” it said.