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Turkey claims part of Cyprus’ natural resources

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A Palestinian child holds a Turkish flag during a protest against Israel in east JerusalemTurkey is against the intention of the Cyprus authorities to unilaterally solve their economic problems with the help of natural resources that Ankara believes to have a right to as well, the Turkish Foreign Ministry’s declaration circulated on Sunday reads.

If Cyprus fails to find 5.8bn euros for guaranteeing its international loans by Monday the country will face a financial crisis and departure from the Eurozone. In this connection Nicosia promised to pay with incomes from gas fields. In turn, Turkey earlier repeatedly announced that natural resources should belong to both Cyprus communities –  the Greek and Turkish ones.

The gas field on the Cyprus shelf is the largest one discovered over the last 10 years.  Its reserves are estimated at 1.7trln cubic metres.

Voice of Russia, RIA, Gazeta.ru

via Turkey claims part of Cyprus’ natural resources : Voice of Russia.


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