Anastasiades proposes creation of escrow account in bid to ease tension

Kathimerini reports that Cyprus President Nicos Anastasiades has proposed the creation of an escrow account that would safeguard the Turkish Cypriot community's share from the natural gas proceeds.
The proposal, made in an effort to de-escalate tensions in Cyprus' exclusive economic zone (EEZ), was put forward by Anastasiades during a meeting with Turkish Cypriot leader Mustafa Akinci on August 9.
According to the proposal, the amount deposited in the account will only be released if Turkey ends its provocations in the region by recognizing the Cypriot EEZ boundaries.
Anastasiades, sources in Nicosia say, argued that the establishment of a commission to manage EEZ energy issues - a proposal put forward by the Turkish side - cannot be implemented because it cannot de facto deal with issues that relate to sovereign rights of the Republic of Cyprus, such as the...

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