Targeted measures, funding cuts for Turkey and call for talks included in Varosha options paper, CNA learns

The main options included in the latest draft of the EU’s options paper on Turkish occupied Varosha are targeted measures against individuals and legal entities responsible for the violations regarding the fenced-off area, cuts in the EU pre-accession financial assistance to Turkey and restrictions on the activities of the European Investment Bank and other financial institutions in Turkey, according to reliable information obtained by CNA.

The draft, which will be discussed by the foreign ministers during the Foreign Affairs Council in Brussels on Monday, may serve as a guide for the Council (on the level of foreign ministers or even leaders) on how the EU can respond to Turkey`s actions.

The document stresses that Turkey`s actions in Varosha are illegal and that continued engagement between the EU and Turkey depends on whether Ankara adopts a constructiv

Source: Cyprus News Agency