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Greece & Turkey Hold Exploratory Talks - Expectations Low

TURKEY
  • EU Diplomats skeptical ahead of today's exploratory talks with Greece.
  • Says Turkey will need to go further than just a shift in tone and withdrawal of the Oruc Reis exploratory vessel from the East Med.
  • One Diplomat says he does not see any great reconciliation to move us off our current trajectory.
  • French Diplomat says it is too early to consider that Turkey has changed its ways and would continue to explore sanctions with its partners until words were met with concrete actions - Ahval
  • Greece-Turkey focus will be on maritime boundaries in the East Med & Aegean, drilling rights and demilitarisation of certain Greek islands/ cities (Alexandroupoli) in line with Turkey's blue homeland doctrine.
  • Most expect Turkey to provoke Greece into collapsing talks as a means to play the blame game and continue drilling on the premise that Greece refuses to negotiate.
  • Reminder that no formal obligations are made at these talks or pressers held, but tone and willingness to cooperate and translate to more formal negotiations will be monitored
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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