A Russian state-owned company is transferring money to a subsidiary building a $20 billion nuclear power plant off Turkey’s Mediterranean coast, allaying concerns that the project could be delayed by sanctions over the war in Ukraine, Bloomberg reports. Rosatom Corp. sent about $5 billion last week to the Turkey-based manufacturing company, officially known as Akkuyu […]
Tag: Recep Tayyip Erdogan
Mitsotakis-Berbok meeting in Maximou – The Turkish detente and the new ‘messages’ to Erdogan
By Dimitris Gatsiou At the moment when Turkey, either through President Erdogan or through top officials, continues its revisionist rhetoric, constantly adding new episodes to the… merry-go-round of challenges, Athens is sending its own resounding signals to partners and allies. Awaiting today’s meeting at the Maximos Palace with the German Foreign Minister, Annalena Burbock, the […]
K. Mitsotakis: It is better for Erdogan to deal with the Turkish economy, than to revive neo-Ottoman fantasies
Messages of political stability, through the exhaustion of the four-year, but also of continuous support for households and businesses for as long as the energy crisis lasts, the prime minister broadcasted, in the interview he gave to the CNN television network. At the same time, Mr. Mitsotakis sent a new signal to the leadership of […]
K. Mitsotakis for Erdogan: To deal with the Turkish economy, not with the revival of neo-Ottoman fantasies
Messages of political stability, through the exhaustion of the four-year, but also of continuous support for households and businesses for as long as the energy crisis lasts, the prime minister broadcasted, in the interview he gave to the CNN television network. At the same time, Mr. Mitsotakis sent a new signal to the leadership of […]
Erdogan repeats the ‘Mitsotakis yoke’ and threatens the status of the islands: ‘He will find out’
New challenges from the president of Turkey, Recep Tayyip Erdogan, who attacked from the stage of the state TRT, during his interview, against Greece and Prime Minister Kyriakos Mitsotakis: “We had dinner with Mitsotakis in Turkey. At that dinner, I told him: ‘Let’s not bring a third country between us from now on.’ Three weeks […]
Erdogan: Kyiv and Moscow to keep their commitments
Turkish President Recep Tayyip Erdogan said on Monday that Turkey expects Kyiv and Moscow to live up to their responsibilities under the agreement they signed on the export of Ukrainian grain, Reuters reports. On Friday, Russia, Ukraine, the United Nations and Turkey signed an agreement aimed at allowing the safe passage of ships entering and […]
Why Turkey Turns a Blind Eye to Russian Attacks in Odessa and Grain Smuggling
Turkish Defense Minister Hulusi Akar, right after the missile attacks on the port of Odessajustified Russia by saying that Moscow had nothing to do with this incident. The very same minister, at a solemn ceremony in Istanbul just the day before, in the presence of the Turkish president and the UN Secretary General, signed the […]
Turkish Lira ‘Slumps’ Slowly and Steadily – Foreign Exchange Reserves Running Out
The Turkish lira fell again on Monday, maintaining a slow slide towards 18 against the dollar, as concerns over the government’s exchange rate policy intensified in the face of rising inflation and fears of a global recession. The slow devaluation could continue unless Turkish authorities and more specifically Turkish President Recep Tayyip Erdogan and Turkish […]
New challenge from Erdogan: Greece is deliberately eroding the terms of the Lausanne Treaty
Greece has deliberately eroded the terms and conditions of the Lausanne Treaty recently, Turkish President Recep Tayyip Erdogan said today, Anadolu Agency reports. In his video message on the 99th anniversary of the Lausanne Peace Treaty, President Erdogan stated that “the terms and conditions of the Lausanne Peace Treaty, especially the rights of the Turkish […]
BNP Paribas: Turkey’s economy is hanging by a thread
“Turkey’s economic situation continues to offer a stark contrast, with resilient growth on the one hand and soaring inflation, dwindling foreign exchange reserves and a devaluation of the lira on the other. In short, the reed is bending but not breaking,” BNP Paribas economists note. “In a previous edition, at the beginning of the year, […]
