Israel & Cyprus signed the EEZ agreement in late December despite threats by Turkey that this would damage their relationships.

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According to political observers in Athens, Greece is keen to boost international investment and ease its financial crisis, maintains traditionally close relations with Arab countries but has forged closer military and economic ties in recent years with Israel. The countries' air forces have held joint drills over the past two years in Greece.  "We will continue efforts to bring the two countries even closer," Lieberman said."Improving economic co-operation is a challenge for the coming year."

The first joint cabinet meeting will be held in Israel. Lieberman also announced that the two countries agreed to set up a regional force to deal with natural disasters, after Israel struggled to contain deadly wildfires in the north of the country which killed at least 40 people and forced mass evacuations last month. "We have agreed to form a group to deal with emergency disasters," Foreign Minister he said following talks with his Greek counterpart Dimitris Droutsas. Greece has taken on the initiative to organize the regional force and has invited the relevant authorities of the Palestinian Authority and other countries in the region such as Turkey, Egypt and Jordan to join the effort.

Source: European Jewish Press