World

EU cuts financial assistance to Turkey by 75%

According to  German media, the EU has uncovered reductions in assistance to Turkey over  gas drillings operations within the Mediterranean and Ankara’s military offensive in Syria

The EU has cut pre-accession aid to Turkey by 75%, according to a letter sent to the European Parliament by EU foreign affairs commissioner Josep Borrell and seen by the Essen-based Funke Media Group.

Turkey will now only get  €168 million ($186 million), of which €150 million will be used on extending democracy and rule of law. The remainder is reserved for rural development.

Borrell explained the cut by saying it was in rejoinder to Turkey’s resolution to stage a military operation in northeastern Syria and conduct unauthorized gas drilling off the coast of Cyprus.

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