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05 November 2012

Graham Bishop's Blog: Visit to Cyprus - a major twist to the regional geo-politics and economics?


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The most startling aspect for me is the natural gas element. The implications for the geo-politics of the entire Eastern Mediterranean region and Europe's energy security are profound.


However, the Der Spiegel article, 'EU Aid for Cyprus A Political Minefield for Merkel' (link), about Russian mafia being the chief beneficiaries of an EU bailout has underlined my long-standing fears that this was going to be a very difficult political debate that is a long way from finished.

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