Turkey and Greece said they are ready to resume talks to address their respective claims for hydrocarbon reserves in disputed Eastern Mediterranean waters today amid a Turkish stand-down in the face of EU threats of sanctions.
The statement came after Turkish President Recep Tayyip Erdogan held virtual talks with German Chancellor Angela Merkel and European Union Council President Charles Michel. The European leaders have been mediating between Turkey and Greece amid worries that the standoff in the Eastern Mediterranean could escalate into a shooting war as both sides upped their military assets in the region.