AN IMPROVED CLIMATE
The history of relations between Turkey and Greece during most of the 20th century might tbe best characterised as one of hostility or perhaps even outright enmity. Since 1974 the Aegean conflict concerning not only territorial air and sea rights but also sovereign rights over the Aegean seabed and its subsoil has been the central bone of contention between these two eastern Mediterranean countries. For both the economic, security and political implications of the issue are profound.
Source: http://www2.lse.ac.uk/IDEAS/publications/reports/SR007.aspx
