EU to approve sanctions over Turkish gas drilling – draft statement | One America News Network

 (Reuters) – European Union leaders are set to agree sanctions on Turkish individuals on Thursday over a energy exploration dispute with Greece and Cyprus, but will postpone any harsher steps until March, according to a new draft summit statement.

Shying away from a threat made in October to consider wider economic measures, EU leaders will agree to punish individuals accused of planning or taking part in what the bloc says is unauthorised drilling off Cyprus.

The EU said it would seek to coordinate possible further measures with U.S. President-elect Joe Biden, who takes office in January.