Eastern Mediterranean

The US nod to the prodigal son

In the immediate aftermath of Turkey's invasion of Cyprus in 1974, American foreign policy became focused on three areas: a) preventing a war between Greece and Turkey; b) keeping NATO's southern flank intact; and c) averting Soviet involvement. In other areas, it allowed developments to take their own course, so that a new balance of power was created between Greece, Turkey and Cyprus.

Cyprus to be power project shareholder

The Republic of Cyprus is poised to enter the shareholding structure of one of the largest energy projects in the Eastern Mediterranean. This decision, expected to be finalized in the coming week, follows a study presented to the president last week, which green-lights Cyprus' participation in the Israel-Cyprus-Crete electric interconnection project.

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