Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking and Finance Review - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > Greece invites Libya to maritime zone talks to ease strained ties
    Headlines

    Greece invites Libya to maritime zone talks to ease strained ties

    Published by Global Banking and Finance Review

    Posted on July 24, 2025

    2 min read

    Last updated: January 22, 2026

    Greece invites Libya to maritime zone talks to ease strained ties - Headlines news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:international financial institutionfinancial communityInvestment opportunities

    Quick Summary

    Greece invites Libya to discuss maritime zones in the Mediterranean to mend strained relations due to a Libya-Turkey deal affecting Crete.

    Greece Seeks Maritime Zone Talks with Libya to Improve Relations

    ATHENS (Reuters) -Greece has invited Libya's internationally recognised government in Tripoli to start talks on demarcating exclusive economic zones in the Mediterranean Sea, Prime Minister Kyriakos Mitsotakis said late on Wednesday.

    The move is aimed at mending relations between the two neighbours, strained by a controversial maritime deal signed in 2019 between the Libyan government and Turkey, Greece's long-standing foe, which mapped out a sea area close to the Greek island of Crete.

    "We invite - and I think you may soon see progress in this area - we invite the Tripoli government to discuss with Greece the delimitation of a continental shelf and an exclusive economic zone," Mitsotakis told local Skai television.

    Greece this year launched a new tender to develop its hydrocarbon resources off Crete, a move that Libya has objected to, saying some of the blocks infringed its own maritime zones.

    Law and order has been weak in Libya since a 2011 uprising that toppled dictator Muammar Gaddafi, with the country divided by factional conflict into eastern and western sections for over a decade.

    Therefore, any communication with Libya was not easy, Mitsotakis said. He indicated that Greece was determined to continue talking to both the Tripoli-based government and a parallel administration based in Benghazi.  

    In recent months, Athens has sought closer cooperation with Libya to help stem a surge in migrant arrivals from the North African country to Greece's southern islands of Gavdos and Crete and passed legislation banning migrants arriving from Libya by sea from requesting asylum.

    In an incident earlier this month, the European Union migration commissioner and ministers from Italy, Malta and Greece were denied entry to the eastern part of divided Libya, shortly after meeting the internationally recognised government that controls the west of Libya.         

    (Reporting by Renee Maltezou; Editing by Angeliki Koutantou, William Maclean)

    Key Takeaways

    • •Greece invites Libya for talks on maritime zones.
    • •Relations strained by Libya-Turkey maritime deal.
    • •Greece seeks to develop hydrocarbon resources off Crete.
    • •Libya objects to Greece's hydrocarbon development plans.
    • •Greece aims to curb migrant arrivals from Libya.

    Frequently Asked Questions about Greece invites Libya to maritime zone talks to ease strained ties

    1What is the purpose of Greece's invitation to Libya?

    Greece has invited Libya's internationally recognised government to start talks on demarcating exclusive economic zones in the Mediterranean Sea to mend strained relations.

    2What maritime deal has caused tension between Greece and Libya?

    The tension stems from a controversial maritime deal signed in 2019 between the Libyan government and Turkey, Greece's long-standing foe.

    3How has Greece's recent tender affected relations with Libya?

    Greece launched a new tender to develop hydrocarbon resources off Crete, which Libya has objected to, claiming some blocks infringe on its maritime zones.

    4What challenges does Greece face in communicating with Libya?

    Prime Minister Mitsotakis noted that communication with Libya is difficult due to the country's weak law and order situation, exacerbated by ongoing factional conflict.

    5Why is Greece seeking closer cooperation with Libya?

    Greece aims to stem a surge in migrant arrivals from Libya to its southern islands, which has prompted the government to seek closer cooperation with the Libyan authorities.

    More from Headlines

    Explore more articles in the Headlines category

    Image for Activist shareholder ACCR, pension funds urge BP to show shift to oil and gas will deliver value
    Activist shareholder ACCR, pension funds urge BP to show shift to oil and gas will deliver value
    Image for Google Cloud, Liberty Global strike five-year AI partnership
    Google Cloud, Liberty Global strike five-year AI partnership
    Image for Ukrainian capital Kyiv under missile attack, officials say
    Ukrainian capital Kyiv under missile attack, officials say
    Image for EU proposals set to limit EV sales from 2035, says campaign group
    EU proposals set to limit EV sales from 2035, says campaign group
    Image for Trading Day: Solid data over hard assets
    Trading Day: Solid data over hard assets
    Image for Queen's University Belfast cuts ties with US politician Mitchell over Epstein files
    Queen's University Belfast cuts ties with US politician Mitchell over Epstein files
    Image for UK police review reports of alleged misconduct by Mandelson after Epstein files release
    UK police review reports of alleged misconduct by Mandelson after Epstein files release
    Image for Russia says foreign forces in Ukraine would be 'legitimate targets'
    Russia says foreign forces in Ukraine would be 'legitimate targets'
    Image for Swiss National Bank Chairman says current situation not easy for policy
    Swiss National Bank Chairman says current situation not easy for policy
    Image for Recycling body opposes EU scrap aluminium export curbs
    Recycling body opposes EU scrap aluminium export curbs
    Image for Czech leader urges EU to overhaul carbon trading schemes to curb energy costs
    Czech leader urges EU to overhaul carbon trading schemes to curb energy costs
    Image for US to cut tariffs on India to 18%, India agrees to end Russian oil purchases
    US to cut tariffs on India to 18%, India agrees to end Russian oil purchases
    View All Headlines Posts
    Previous Headlines PostSerbia seeks extension of US sanctions waiver for oil firm NIS, minister says
    Next Headlines PostAlmost 30% of German companies postpone US investments, survey shows