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Turkey says EU sanctions won't deter from drilling activity

washingtontimes.com

Turkey has said punitive European Union measures against it will not deter it from continuing to search for oil and gas off the coast of Cyprus, Al Jazeera reports.

On Monday, the foreign ministers of the EU agreed to call off high-level political meetings, suspend negotiations on an aviation deal, and reduce EU accession funding to Ankara for 2011.
earmarked for Turkey and restrict credits made available by the European Investment Bank.

In a statement on Tuesday, the Turkish foreign ministry said the EU's moves "will not affect in the slightest our country's determination to continue hydrocarbon activities in the Eastern Mediterranean". The ministry said that the bloc's failure to mention Turkish Cypriots in its decisions "showed how biased and partisan the EU is on the subject of Cyprus".


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