Greek-Italian EEZ Agreement is Signed

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Amid a high level of tension in the Mediterranean brought on by Turkey’s deal with the Libyan government demarking their Exclusive Economic Zones (EEZ) Greece and Italy signed an agreement establishing an EEZ for the two nations in the Ionian Sea. The agreement was signed today by the Greek and Italian foreign ministers, making official the demarcation of maritime zones which has been pending since 1977. While its fair to say the agreement has been a long time coming, recent Turkish moves in the Mediterranean are responsible for pushing demarcation to the front burner. The agreement will have considerable ramifications for the area but it is, at heart, a hedge against Turkish hegemonic ambitions in the natural resource-rich Eastern Med region.

This may not be the only EEZ agreement Greece signs this month. Athens is in negotiations with multiple neighboring states to reach similar agreements. Again, keeping Turkey in check is the primary motivation fueling these moves. In fact, sources in the Greek Foreign Ministry have hinted that an agreement with Egypt could be signed as early as next week. If Greece and Egypt complete a deal it will be benefit Cairo’s continuing campaign against the Muslim Brotherhood, which has received significant funding from Turkey.

It has become possible that the war in Libya has the potential to drag on for an extended period of time with no clear winner. If this comes about it allows Turkey to maintain its foothold in Libya, meaning the EEZ agreement between Ankara and Tripoli will take effect, and be enforced. The rest of the Mediterranean is waking up to this possibility. Italy and Greece are already making moves and now it is a question of who will move next. Israel and Cyprus are also major players in this game. They will be heard from sooner or later.

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