PanARMENIAN.Net - The European Union has cut pre-accession aid to Turkey by 75%, according to a letter sent to the European Parliament by EU foreign affairs commissioner Josep Borrell and seen by the Essen-based Funke Mediengruppe, Deutsche Welle reports.
Turkey will now only receive €168 million ($186 million) of which €150 million will be spent on strengthening democracy and rule of law. The rest is earmarked for rural development.
Borrell justified the cut by saying it was in response to Turkey's decision to stage a military operation in northeastern Syria and conduct unauthorized gas drilling off the coast of Cyprus.
Comprising part of a controversial multi-billion-euro package to block refugees from seeking sanctuary in Europe, Brussels agreed to fast-track accession talks for Turkey in 2016.
However, the accession process has stalled due to Turkey's growing authoritarianism spearheaded by President Recep Tayyip Erdogan.
The cut in aid, however, doesn't affect the €3.5 billion euros offered to Turkey as part of a larger EU deal to prevent refugees from reaching European shores.