A second simultaneous referendum on Cypriot reunification could take place in early 2016 following negotiations between the two entities’ presidents, a Turkish government source said July 2
Category: EMRE DELİVELİ
This week’s domestic data released extinguished hopes that the economy was on a recovery path, while other developments once again highlighted global economic risks that could affect Turkey.
In the worst hours of concern over the potential Greek default and “Grexit” last weekend, groups of prominent Turkish and Greek businessmen gathered on the Greek island of Rhodes to brainstorm ways to further boost their annual $5.5 billion trade
Category: MURAT YETKİN
It was something predictable to say that Turkish foreign policy, especially its policy regarding Syria and the Middle East, could not remain the same in a coalition as it was when Prime Minister Ahmet Davutoğlu’s Justice and Development Party (AK Parti) was in a single-party government
Qatar National Bank and Bahrain’s Arab Bank Corp did not follow up early interest in acquiring HSBC’s Turkish business because they are more interested in National Bank of Greece’s Turkish arm Finansbank, two people familiar with the matter said
It will be crucial for the Greek government to properly manage a probable chaotic situation stemming from a “no” result in the July 5 referendum, former Prime Minister George Papandreou has told daily Hürriyet
Category: SEMİH İDİZ
The suggestion by Peoples’ Democratic Party (HDP) deputy Ertuğrul Kürkçü that Turkey should underwrite 1.6 billion euros of Greece’s debt in order to prevent it from defaulting to the IMF, was not the flight of fancy that some may think.
Greek Prime Minister Alexis Tsipras vowed July 1 to press ahead with a controversial bailout referendum as European leaders ruled out any fresh debt offer before July 5 vote
Refugees in the western coastal town of İzmir attempt to cross the Aegean wearing poor-quality locally produced life vests, further endangering their lives.
Greece's radical left government suggested it would resign if it fails to get its way in a make-or-break referendum on July 5 that could decide the country's financial future.
The battle for Greek votes entered full swing on July 2 ahead of a crucial weekend referendum that could decide whether the country falls out of the euro
Category: ERDAL SAĞLAM
We have entered a period in the economy where risks have increased and markets will be full of volatilities.
A record 137,000 people made the perilous journey across the Mediterranean to Europe in the first half of 2015, most of them fleeing war, conflict and persecution, the United Nations said July 1
Eurozone finance ministers were set to weigh Greece's latest proposal for aid July 1, hours after the country's international bailout expired without a deal, cutting it off from vital financing and deepening fears over whether it will be able to remain in the eurozone
A British shoe shop worker has launched an online crowdfunding campaign to raise the money for Greece to meet its IMF debt repayment due on June 30, saying he just wanted to help austerity-stricken Greeks.
Hours before Greece became the first developed country to default on a loan to the International Monetary Fund (IMF), a Syriza deputy told daily Hürriyet the ruling party hoped Greeks would vote a “strong no” in the country’s crucial referendum on July 5
Greek Prime Minister Alexis Tsipras made a fresh reform proposal to eurozone ministers on July 1 after Greece became the first advanced economy to default on an IMF payment
Category: UĞUR GÜRSES
Everyone is curious how the crisis in Greece will unfold.
Turkish Foreign Minister Mevlüt Çavuşoğlu has spoken with his Greek counterpart, Nikos Kotzias, upon the latter’s request, the Turkish Foreign Ministry said late June 29.
Tens of thousands of Greeks rallied on June 29 to back their leftwing government's rejection of a tough international bailout after a clash with foreign lenders pushed Greece close to financial chaos and forced a shutdown of its banking system.
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