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Turkey has not issued an ultimatum to Armenia to dismantle the Nemesis Monument in Yerevan, famous reporter Artem Yerkanyan claims.

The monument installed in the Armenian capital on 25 April pays tribute to participants of Operation Nemesis, a 1920s program of assassinations of Ottoman Turkish perpetrators of the Armenian Genocide.

Turkey closed its airspace to Armenian flights heading to a third destination in response to the unveiling of the monument. Turkish Foreign Minister Mevlut Cavusoglu announced later that Turkey would take additional steps against Armenia if the Nemesis Monument was not dismantled.

"There is no need to whip up panic. Turkey has not issued an ultimatum to Armenia to dismantle the Nemesis Monument,” Yerkanyan wrote on Facebook on Thursday.

“Cavusoglu once again addressed the issue of the monument not on his own initiative, but in response to an Azerbaijani journalist's question.

“Ankara has not officially laid out any demands to Yerevan regarding the monument through diplomatic channels. I think it's safe to say that the issue of dismantling the monument is out of the question,” the reporter stated.

Artem Yerkanyan is a relative of one of the Operation Nemesis participants, Aram Yerkanyan.