Turkey’s Foreign Minister Mevlut Cavusoglu on Wednesday referred to the eastern Aegean Imia islets as “Turkish soil.” In 1996, Greece and Turkey came close to war over the uninhabited outcrop. Source: Ekathimerini
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Turkey came very close to crossing Greece’s red lines in the Aegean last week, when a Turkish coast guard vessel fired shots in Greek territorial waters east of the islet of Farmakonisi, Foreign Minister Nikos Kotzias told Skai Television’s “Istories” program Tuesday night. Source Ekathimerini
Talks between Turkey and Russia for Ankara to procure S400 missiles for a domestic air defense system have “progressed significantly”, Turkey’s Defence Minister Fikri Isik, said on Wednesday. Isik also said that Turkey’s preference was to originally buy a NATO system but that wasn’t possible. Source: Reuters
The European Central Bank could consider renewing its offer of free long-term liquidity to lenders though it shouldn’t turn it into a permanent measure, a Governing Council member said. The ECB is scheduled to offer the last of its long-term loans to banks next month. Source: Bloomberg