ISTANBUL, June 29 (Reuters) - The Turkish lira inched lower on Thursday, slipping to 1.6185 against the dollar after the European Union's enlargement chief said the EU may suspend membership negotiations with Turkey.
Olli Rehn was quoted as saying that the EU may suspend negotiations with Ankara completely over its refusal to open its ports and airports to traffic from member state Cyprus.
Turkish lira retreated after these COMMENTS. I hope the Turkish politicians can understand the consequences on their economy and the chain reaction that would have on their whole country if they insist on choosing illegality and crimes in Cyprus over adjusting themselves to the EU principles and start respecting all 25 EU countries.
I think it is time for Ankara to abandon their middle age policies and move on to the 21st century. They have to realize that you can't commit crimes such as ethnic cleansing and land grab and get away with it without any consequences anymore. Otherwise, not only they will continue to cause suffering to others (Cypriots, Kurds etc) but they will be responsible for missing a chance to bring the Turkish citizens up to better European standards.
The current Turkish policies serve nobody apart from the Turkish army, and the Turkish Islamist fundamentalists.