Greece, Cyprus, France block Bayraktar financing

Greece, Cyprus and France reportedly blocked the financing for the supply of Turkish-made Bayraktar drones and artillery shells for Ukraine, which were to be purchased with European funds.



Kathimerini understands that during the meeting of the Political and Security Committee of the European Union early last week, the three countries declared their opposition by vetoing the proposal, which appeared to have the support of the majority of member-states.


According to a diplomatic source in Brussels, the permanent delegations of Greece and Cyprus in the EU had indications for some time that a major order from Turkey was being arranged and would be financed with EU money earmarked for Ukraine’s emergency needs.


When this was indeed confirmed, the permanent representatives of Greece, Cyprus and France responded quickly, blocking he procedure.



Source:  Ekathimerini




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Published By: Atilla Yeşilada

GlobalSource Partners’ Turkey Country Analyst Atilla Yesilada is the country’s leading political analyst and commentator. He is known throughout the finance and political science world for his thorough and outspoken coverage of Turkey’s political and financial developments. In addition to his extensive writing schedule, he is often called upon to provide his political expertise on major radio and television channels. Based in Istanbul, Atilla is co-founder of the information platform Istanbul Analytics and is one of GlobalSource’s local partners in Turkey. In addition to his consulting work and speaking engagements throughout the US, Europe and the Middle East, he writes regular columns for Turkey’s leading financial websites VATAN and and has contributed to the financial daily Referans and the liberal daily Radikal.