The foreign ministers of the EU countries have approved the imposition of sanctions against Turkey over its geological exploration in the waters of Cyprus, the DPA agency reported, referring to the statement adopted by the European ministers at a meeting in Brussels.
According to the document, the EU will reduce financial support for Ankara and suspend negotiations on an agreement on air transport.
The EU countries are ready to consider other types of restrictive measures, if Turkey continues to violate the sovereign rights of Cyprus. Sanctions may be imposed against companies and individuals involved in drilling, TASS reported.
"Provocation of Turkey is unacceptable for all of us," German Minister of European Affairs Michael Roth said, adding that the EU stands in the side of Cyprus.