Father Daniel Savci, 55, was taken hostage by unidentified people at around 3 p.m.
They stopped his car as he was travelling to the Mor Yakup Monastery in a village near the town of Midyat.
The priest's kidnappers later telephoned a different church and demanded a ransom of 300,000 euros.
Turkish security forces had launched an operation to find the priest.
Agencies
Güncelleme Tarihi: 29 Kasım 2007, 15:38
Priest kidnapped in south-eastern Turkey
An Assyrian Christian priest was taken hostage in south-eastern Turkey Wednesday, with the kidnappers demanding 300,000 euros for his release, CNN Turk television reported.
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