Monday, November 30, 2015

Turkey to help EU curb migration in exchange for cash, EU membership talks: draft

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Turkey is willing to exchange refugees for cash and continuation of accession talks into the EU. This move, if completed, suggests the following: (1) the economic backdrop in Turkey is likely worse than advertised, and more importantly, (2) Brussels, scrambling to 'contain' crumbling economies and unmanageable debt burden of weaker EU members as Europe is moving from cooperation to separation, is either oblivious, delusional, or both to economic, social, and political trends.



Headline: Turkey to help EU curb migration in exchange for cash, EU membership talks: draft

Turkey will help the European Union handle the flow of migrants that has called into question the future of Europe's passport-free travel in exchange for cash and restarting stalled talks on EU accession, draft conclusions of an EU-Turkey summit said.

"Both sides will, as agreed and with immediate effect, step up their active cooperation on migrants who are not in need of international protection, preventing travel to Turkey and the EU, ensuring the application of the established bilateral readmission provisions and swiftly returning migrants who are not in need of international protection to their countries of origin," the draft, seen by Reuters, said.


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