We use cookies to help improve and maintain our site. More information.
close

June 18, 2019

Retaliation threats over drilling

We have entered the stage of retaliation threats over Turkish drilling activities to the west of Cyprus, between Turkey and Turkish Cypriots on the one side and Greek Cypriots and the EU on the other. 

Bloomberg has seen one draft version of a statement, to be approved by EU foreign affairs ministers today, saying that the EU is freezing negotiations over the modernisation of the customs union between the EU and Turkey, reiterating that accession negotiations have come to a standstill, and threatening that further escalation is possible as the EU stands by Cyprus on this matter. The wording can still change, and we note at this stage that an escalation towards sanctions is in nobody's interest. Turkey has too much going on and the EU does not want to damage the mutual relationship completely as Turkey is the gatekeeper for millions of Syrian refugees on Turkish soil who would otherwise have tried to reach Europe.

The Greek defence minister, a Navy admiral, played down the threat of an escalation saying that he does not expect another hot incident in the Mediterranean. Still, events may intrude and as Cyprus seems to have secured the backing from the EU and the US, Turkey could be isolated. After all there are large economic interests at stake. Whether Recep Tayyip 0Erdogan is bothered by EU threats is another matter, after all EU membership no longer has the strategic importance than it used to have and he commands a perfect potential with the migrants to threaten the EU. So any threat from the EU could end up to be an own goal and serve Erdogan in this blame game. 

Tensions in divided Cyprus are not new. The president of the Turkish Cypriots Mustafa Akinci warned the Greek Cypriots not to increase the tensions in the Eastern Mediterranean or risk retaliation. He said the situation was a result of the Greek Cypriots going solo on exploring the gas fields, insisting that the natural resources belong to all of Cyprus. His remarks come after the Greek Cypriot administration issued an international arrest warrant for 25 people including the personnel of the Turkish drillship.

Show Comments Write a Comment

This is the public section of the Eurointelligence Professional Briefing, which focuses on the geopolitical aspects of our news coverage. It appears daily at 2pm CET. The full briefing, which appears at 9am CET, is only available to subscribers. Please click here for a free trial, and here for the Eurointelligence home page.

 

Recent News

  • June 18, 2019
  • Retaliation threats over drilling
  • May 28, 2018
  • A no-confidence motion that could backfire
  • The political repercussions of a historic referendum in Ireland
  • Why the lack of an international role for the euro matters
  • May 10, 2017
  • PSOE primary campaign in full swing
  • Czech government crisis escalates
  • Backroom dealing on electoral reform in Italy
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • April 06, 2020
  • The feedback loop of Covid-19 and inequalities - part 10 of our series
  • How confinement affects mental health
  • April 09, 2019
  • What can go wrong now?
  • April 13, 2018
  • German support for eurozone reform next to zero...
  • ... and no support for France on Syria either
  • A French sermon
  • Why the euro endures
  • April 19, 2017
  • Shadows of money
  • Breppe Grillo vs Eurointelligence
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • January 06, 2020
  • A decade that started with a bang
  • What to expect of Spain's next government
  • Divide et impera: Macron's pension reform strategy
  • January 29, 2019
  • What comes after plan B fails? Plan C, of course. C for cliff-edge
  • Gilets jaunes, how to structure a movement in free flow?
  • European Court of Auditors criticises Juncker’s investment fund
  • February 26, 2018
  • Angela Merkel's cabinet
  • March 27, 2017
  • Governing formation troubles - Northern Ireland edition
  • Did Trump present Merkel with a bill for Nato?
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • September 23, 2019
  • Corbyn’s last big battle
  • Germany’s CO2 compromise meets all targets - except the climate targets
  • November 13, 2018
  • Peak Salvini?
  • Protest uberisation
  • January 05, 2018
  • Catalonia's government by Skype
  • The case for EEA membership
  • February 28, 2017
  • Is Hamon losing the right wing of his party?
  • Something we just don’t understand
  • Solve the problem
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • March 11, 2020
  • While Italy is in lockdown, Germany allows football matches
  • Ireland grand coalition
  • May 31, 2019
  • Salvini’s frightening strength
  • The significance of Corbyn’s latest flipflop on the referendum
  • August 20, 2018
  • ... and a subtle shift in EU policies towards both Russia and Turkey
  • Nothing to celebrate about the end of the bailout programme
  • Support for Brexit holding up
  • November 09, 2017
  • From street protests to road closures
  • What Russia wants
  • January 31, 2017
  • Project fear against Italexit
  • On how not to frustrate Brexit
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • June 29, 2020
  • Édouard Philippe - mayor or prime minister?
  • Sir Humphrey, R.I.P.
  • October 17, 2019
  • A dangerous game for the EU
  • After Brexit, get ready for a German EU budget rebate
  • February 04, 2019
  • Watch out for the resurgence in Tory unity
  • The gilets-jaunes' effect on the European elections
  • What did he possibly mean by that?
  • May 25, 2018
  • Rejected by US, Germany is turning towards China...
  • ...and France is turning to Russia
  • UK ties Galileo to security partnership
  • Germans are discovering miniBoTs
  • September 14, 2017
  • Bravo Mr Juncker
  • ... what he said about the labour market
  • ... and what his speech means for Brexit
  • January 05, 2017
  • French Socialist primaries - old wine in new bottles
  • Le Pen's hard ecu
  • Will Tusk get a second mandate?
  • Themes of 2017
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • December 02, 2019
  • Will pension reform protests spiral out of control?
  • Malta's PM resigns over murder case
  • April 24, 2019
  • May's final and biggest gamble
  • Will the EP be Brexit's great parliamentary beneficiary?
  • Can Loiseau fight the far right given her past?
  • September 12, 2018
  • It is easy to criticise Chequers but very hard to come up with an alternative
  • February 05, 2018
  • How big is Germany's external surplus, really?
  • Macron's first election test
  • Coeure's endorsement of a fiscal union
  • July 03, 2017
  • Can Greece exit its programme without a credit line?
  • The softening Brexit
  • Macron's state of the nation address
  • November 28, 2016
  • And now what Monsieur Fillion?
  • The inescapable logic of an interim agreement
  • On Germany's foreign policy post-Trump
  • How to lose against the populists
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • March 16, 2020
  • Why many of the Covid-19 statistics are misleading
  • September 17, 2019
  • Beware of the diplomacy of humiliation
  • Germany’s climate hypocrisy
  • March 18, 2019
  • May's deal still on the table. Don't rule it out.
  • EPP decision on Fidesz still open
  • On the defeat of liberalism
  • September 21, 2018
  • SPD ministers want to continue grand coalition
  • March 28, 2018
  • The real reason for the sanctions against Russia
  • Wishful thinking: Brexit edition
  • Wishful thinking: Future of euro edition
  • Wishful thinking: Italy edition
  • October 02, 2017
  • Catalonia recalls EU and eurozone instability
  • French trade unions increase pressure over labour reforms
  • Watch out for a political accident in the UK
  • Municipal elections boost Portugal's Socialists
  • April 10, 2017
  • Nein, nein, nein, und nein
  • Sounds like a bad Brexit story, but ain’t
  • On how not to exit the euro
  • October 17, 2016
  • Ceta is dead for now
  • L’après-Hollande, c'est Hollande
  • SPD against Russia sanctions
  • Nissan to join customs union and other fanciful tales
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • June 02, 2020
  • Watch out for Söder
  • Libya exposes European divisions
  • January 24, 2020
  • Is Germany anti-semitic and racist?
  • Did the Greek financial crisis play a role in Brexit?
  • September 18, 2019
  • No doubt, this is a constitutional crisis
  • Macron's immigration bid
  • May 13, 2019
  • Brexit Party has already changed UK politics
  • Orbán visits Trump, after a very long wait
  • Le Pen's appeal to the PiS likely to fall on deaf ears
  • January 04, 2019
  • Will the AfD become the Dexit party?
  • Romania's corruption problem in the spotlight of its EU presidency
  • August 28, 2018
  • Urban politics and national crisis - the Irish case
  • How anti-semitism became one of the main issues in British politics
  • April 25, 2018
  • Macron's pitch to Trump
  • Montoro in Schleswig-Holstein
  • The old world and the new
  • December 22, 2017
  • Will Macron be the new de Gaulle?
  • 2018 through the looking glass
  • August 21, 2017
  • Soft, getting softer
  • Tsipras' chances of a boost
  • On the fallacy of a middle-ground option for the eurozone
  • April 20, 2017
  • Don’t bet on Trump turning globalist
  • A note on UK election polls
  • December 20, 2016
  • The politics of terror
  • On Lagarde
  • Is a disruptive Brexit possible?
  • August 22, 2016
  • Gold for Brexit
  • EU and Turkey talking past each other
  • Switzerland is the next migrant transit country
  • On the death of neoliberal economics
  • April 25, 2016
  • The death of the Grand Coalition
  • Insurrection against TTIP
  • Juppé to benefit from Macron hype
  • On optimal currency areas
  • Why the Artic region could be the next geopolitical troublespot
  • From a currency to a people
  • June 22, 2020
  • What we learned from Trump in Tulsa
  • Greece seeks EEZ deal with Egypt to counter Turkey
  • Political pressure on French judiciary in Fillon probe?
  • May 26, 2020
  • French fashion stores - lockdown is one crisis too many
  • An important German supreme court ruling against VW
  • Public scrutiny over lockdown rules
  • April 29, 2020
  • Will the first be the last? Virus edition
  • Don't hurry your exit strategy
  • April 06, 2020
  • The feedback loop of Covid-19 and inequalities - part 10 of our series
  • How confinement affects mental health
  • March 13, 2020
  • France closes schools but allows municipal elections
  • Multiply by ten
  • February 20, 2020
  • Germany's basic pension reform and its challenges
  • New UK immigration rules are at the tough end
  • January 30, 2020
  • Trade union politics on balancing France's pension fund
  • Johnson ready to let go of frictionless trade
  • January 10, 2020
  • Why the UK is no longer seeking access to the EU’s financial market
  • December 23, 2019
  • What’s behind the NordStream2 sanctions
  • An important ruling by the Dutch constitutional court
  • This time Popolare di Bari brings EU bank resolution into question
  • The reversal of the eurozone external balances
  • No Christmas truce in France
  • Brace for Erdogan's foreign policy ambitions
  • On the decline of the centrist left
  • December 04, 2019
  • Towards a European green new deal
  • Nato summit on Turkey amid disunity
  • November 18, 2019
  • Is Macron facing another uprise against elites?
  • Forget the inflation target: Lagarde’s job is much bigger.
  • November 01, 2019
  • Beware of the fallacy of composition and hindsight bias - Brexit edition
  • October 17, 2019
  • A dangerous game for the EU
  • After Brexit, get ready for a German EU budget rebate
  • October 03, 2019
  • Goulard - after the grilling in the EP what next?
  • A market mini-crash to take seriously
  • September 20, 2019
  • Violence in Northern Ireland - not so far-fetched after all
  • German coalition fails to agree climate deal, but negotiations continue
  • September 09, 2019
  • Chances of no-deal are rising and rising
  • Resist the beginnings
  • August 27, 2019
  • Remain’s narrowing pathway
  • Macron's diplomatic masterstroke
  • August 01, 2019
  • Polls look good for Johnson, but raise difficult dilemmas
  • A German death that has become political
  • A French death that has become political
  • July 23, 2019
  • When Europe lacks a strategy
  • LibDems are back, but British liberalism is not
  • July 15, 2019
  • No queues in Berlin for von der Leyen’s succession
  • Mitsotakis moves fast with tax bill
  • The feel-good factor in the pre-Brexit days
  • July 09, 2019
  • What the UK polls are telling us - and what not
  • July 03, 2019
  • A bold but risky choice
  • What will the European Parliament do?
  • June 28, 2019
  • In Osaka
  • June 24, 2019
  • Economic reform has torn up the SPD - climate policy does the same for the CDU/CSU
  • Not intruding, not really
  • June 20, 2019
  • Forget the candidates and look at those who vote
  • The death of the old guard in French politics
  • When to take Salvini seriously, and when not
  • June 19, 2019
  • What the US-Iran standoff tells us about the EU
  • Is Germany withholding information on right-wing extremism?