Mr Davutoglu (Turkish Foreign Minister) told Hurriyet newspaper: "[The Israelis] will either apologise or acknowledge an international, impartial inquiry and its conclusion. Otherwise, our diplomatic ties will be cut off."
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Reacting to the Turkish stance, Israeli Foreign Minister Avigdor Lieberman said: "We don't have any intention to apologise."
Foreign ministry spokesman Yigal Palmor told AFP news agency: "When you want want an apology, you don't use threats or ultimatums."
It'll be interesting to see how they manage to crawl out of the diplomatical hole they've both dug for themselves.