USD/TRY starts the week in the positive and is approaching 18.00. Lack of investor confidence and rampant inflation are weighing on the lira. Türkiye’s capacity utilization improved to 78.2% in July. Selling pressure continues to hurt the Turkish lira and raises the USD/TRY to new 2022 highs around 17/85, an area last visited in December […]
Tag: Turkey
Schäuble: Turkey is using the influence it gained with the Russian invasion
Greece is called upon to face “the fact that Turkey is trying to use strategically – in a brutal way – the influence it gained with the Russian invasion of Ukraine”, the former German Finance Minister Wolfgang Schäuble emphasized in an interview with the newspaper “Ta Nea” . “This is not new. But we must […]
N. Dendias: Turkish revisionism constantly invents new theories
“Turkish revisionism is constantly inventing new theories”, underlines the Minister of Foreign Affairs, Nikos Dendias, in an interview with the “Kathimerini” newspaper. “Positions which were initially presented as extreme and cowardly, such as the Blue Homeland, the connection of the demilitarization of the islands with their sovereignty, are gradually becoming part of the official doctrine […]
N. Panagiotopoulos: The Turkish demilitarization request is outrageous
“The issue of demilitarization is outrageous to talk about. I would say it has no sound legal basis, no matter how silly, ridiculous, outrageous we think it is, yet we have to explain this to partners and allies. Because the others – all probably – not having the same knowledge or familiarity with the subject”. […]
Foreign Ministry response to Turkey for minority schools: Put an end to its misleading rhetoric
“Unfortunately, once again, Ankara completely reverses reality, in order to present positions that cannot withstand criticism. We reject them in their entirety”, says the representative of the Ministry of Foreign Affairs, Alexandros Papaioannou, in response to a journalist’s question regarding his objections of the Turkish Ministry of Foreign Affairs for minority education in Thrace. As […]
Turkey: Ten suspected members of the Islamic State were arrested in Istanbul
The Turkish police arrested ten suspects yesterday Friday in Istanbul for participation in the jihadist organization Islamic State (ISIS), according to the DHA agency. Men of the special police forces carried out, in the morning hours of Friday, raids in various parts of Istanbul. During the operation, ten people were arrested and operational documents and […]
Ukraine: What the agreement provides for the export of Ukrainian grain
LAST UPDATE: 12:57 Ukraine and Russia are preparing to sign an agreement today in Istanbul that will allow the export of Ukrainian grain blocked in Black Sea ports. According to what the Kremlin announced, Russian Defense Minister Sergei Shoigu will be in Turkey today, where he will sign the agreement with Ukraine on grain exports, […]
Turkey has the second largest army in NATO: At what cost and for how much?
When Turkish President Recep Tayyip Erdogan chose to play hardball diplomatically for Sweden and Finland to join NATO, he and his top officials knew that many defense analysts, diplomats and think tankers would begin the analysis. After all, the Erdogan regime has long had an embellished sense of Turkey’s importance. “Let’s be clear, we have […]
G. Oikonomou: We are far from the scenario of planned power outages
Government representative Yannis Oikonomou gave an answer to the scenarios for planned power outages in other European countries such as Germany via SKAI. “Such a possibility is not on the horizon at the moment, we have to monitor everything, but we stay away from this scenario because our country is supplied by another pipeline” assured […]
Turkish presidency: The Ukraine-Russia grain agreement is signed on Friday
LAST UPDATE: 23.34 Russia, Ukraine and Turkey will tomorrow sign the agreement on grain exports from the besieged Ukrainian Black Sea ports in the presence of UN Secretary-General Antonio Guterres. According to an announcement by the Turkish presidency, the g.g. of the UN who had announced that he would travel to Istanbul on Thursday, will […]
