1) While the "position" of Turkey is understandable -- to the extent that inherently childish if blood-thirsty Islamists conduct is ever truly rational... it is certainly NOT acceptable. Not by Greece, Cyprus, not by US/NATO, certainly not by Israel ---> even Turkey's former buddies Iran & Syria are increadinglt pissed off at it. No wonder, Erdogan & Davotoglu rode Ataturk/Western/Secular coat-tales & suddenly they think they're some kind of geo-strategic, neo-Ottoman geniuses???? LOL, even economically speaking, without billions in (temporary) investments & credits from Riyadh, Doha and Qatar, Turkish bubble would pop so fast like you wouldn't believe! Quoting: ASV 28551212
2) Gas & oil. Israel for decades had no natural resources, and despite being a tiny, massively outnumbered country, despite all the political/economic wars & unremitting terror attempts it internally... somehow it not just survived but flourished & made the formerly swampy, malaria-stricken, desolate desert bloom in very short period of time, historicall speaking. Now, Israel has discovered oil & gas, both off-shore and shale... great. So if Turkey thinks somehow it's entitled to muscle into the game literally 100's of kilometers beyond its shores, it's got another thing coming. Mavi Marmara, Palmer Report, etc should have taught them a lesson, but I guess it didn't.
3) Russia. Its mafia & business have significant presence in Cyprus and Russia is also warming up ties with Israel -- which is a smart thing, especially since Arab "Spring" has shown that you can never rely on Muslims stability or peace... Do you think for ONE moment Russia will allow Turkey to bully its interests in the region? After all that trouble Turkey helped cause in the Caucuses, as someone else mentioned?
If Turkey doesn't stop fucking around, it would be better idea if Turkey leave NATO and Russia eventually join (post-Putin, probably).
I said understandable coz i honestly do understand their point of view on the matter, but this doesn't mean that i agree with it, their position is illegal, against intl. law and against Greek/Cypriot and thus EU sovereignty end of story, can't get more simple than that really. This won't get out of hand, maybe a small crisis will take place to promote/further a different agenda but that's about it.
In my view i compare modern Turkey role with the role that Germany had in ww2, the ultra-nationalist/fascist kemalist establishment that was formed in the 15-20's on tons of innocent blood still hasn't been defeated militarily since then, today, like nazi Germany all kinds of liberties/freedoms are oppressed by a regime that has no opponent anymore and goes more authoritarian by the day, illusions of grandeur are spread on all govt and the average ignorant citizen level by a booming economy based on China like standards that helps the state and companies the most, Erdogan kicking IMF and banksters out, bad relations and aggressive policies with every single one of their neighbors and i'm sure that in the end they will attack most of their neighbors and the comparing list is endless from here.
It's not in the interests of either Russia or USA or any other major power, that Turkey will go into a global power status mode with plans of going nuclear soon and bullying the whole region. And that's what i'm trying to point out here, this won't go one on one Greece vs Turkey who are both NATO members btw, but oppressed secular Turks/Greece/Cyprus/Israel/Russia/Syria/Kurds/Iraq/Iran/Armenia/Bulgaria vs Turkey. You can add big oil companies and Italy and France to that list that just got oil contracts in Cyprus and want contracts in Greece too. Not even Iran has that many enemies in the region, it's friggin unreal and a whole different ball game. Intelligent Turks that are not brainwashed by their state propaganda know what's the agenda and the endgame here, they know it since they made the change from kemalist/secular to islamist.