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Sanctions Risks In Focus As December Approaches

TURKEY

LOCAL NEWS

  • Turkey labels yesterday's joint naval drills by Greece, France, UAE, Egypt & Cyprus in the East Med as "provocative and hostile towards Turkey".
  • Exercises are scheduled to continue until 6 dec - Ahval.
  • Focus remains on 10 Dec EU summit meeting to discuss Turkey sanctions.
  • Greece also warns that German's proposed sale of 6 submarines to Turkey for possible use vs Greece & Cyprus risks tilting the regional balance of power and is a failure of leadership by Merkel - Daily Sabah
  • Reports show the Oruc Reis hydrocarbon surveying ship has returned to port this morning having paused its operations ahead of the 10 Dec EU summit - BBG
  • Turkey to publish December-Feb borrowing plan 2pm GMT.
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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