Economy

EU paves way for sanctions against Turkey

Published

Europe’s leaders have agreed to move forward with imposing limited sanctions on Turkey over its illegal drilling activities off the coasts of both Greece and Cyprus, two EU members Mediterranean, according to a decision published on December 11, following the EU-27’s most recent summit in Brussels.

The targeted measures would penalize individuals and companies involved in gas exploration activities that violate international law in the Eastern Mediterranean with travel bans and a freeze of th…

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