Nikitas wrote:Greece can afford to wait
Really, Greece can afford to wait ? I guess the powers that be in Greece must agree with you, because thay have been "waiting" for more than 30 years.
The current plight of the Greek economy means that Greece can afford to wait indefinitely for those valuable oil revenues that can pay off Greece's foreign debt ?.
Firstly the probable gas and oil reserves are not in the Aegean but south of Crete and in the Ionian sea where Turkey cannot have any claims.
Ever heard of the vast quantities of oil in the Aegean sea around Thassos ?
In any case, it seems more than likely that there are vastly more oil & gas south of Crete and in the Ionian sea, where indeed Turkey cannot have any claims. So what is stopping Greece from exploiting those potential oil fields ? I guess they don't need the revenues because by exploiting these valuable resources, they would be running the risk that Greece would at last become financially independent ?
Secondly Turkey must sign the Law of the Sea convention to enter the EU. One way or another the Turks will have to decide whether they will be EU members, and accept Greek rights in the Aegean, or insist on grey areas and other bullshit theories and stay out. In short, they are the ones who have the problem, not Greece.
This is hardly relevant. Firstly, we don'nt know for sure that Turkey really wants to be in the EU - they might be just as content to be in the half-way house indfefinitely, as it suits their interests. Secondly, the International Law of the Sea has been ratified by so many countries that it is now established and probably binding.
On one thing we agree, Turkey has a problem - but probably not in the way you mean it.