Turkish currency drops to record low

Turkey’s lira briefly fell 15% yesterday following the shock dismissal of the country’s Central Bank Governor Naci Ağbal by Recep Tayyip Erdoğan. Ağbal was abruptly fired on Saturday, just 2…

Erdoğan: Turkey will not be “blackmailed’

Turkey’s confrontation over the Eastern Mediterranean Sea shows no sign of abating ahead of a key with the European Union leadership summit. Turkish President Tayyip Erdoğan remained defiant over his…

Germany warns Turkey: Stop EastMed drilling

Tensions are flaring between Europe and Turkey over Ankara’s activity in the east Mediterranean Sea, as well as its involvement in Libya. German Foreign Minister Heiko Maas proclaimed in no…

Turkey sends mixed signals on EastMed

Turkish President Recep Tayyip Erdoğan sent mixed signals about his intentions vis-à-vis the Eastern Mediterranean – amid heightened tensions with the European Union. After both his Defense and Foreign Ministers…

Turkey issues new EastMed threat

Greek Prime Minister Kyriakos Mitsotakis has repeated his nation’s readiness to negotiate its dispute over maritime rights in the East Mediterranean Sea with Turkey. "Mutual respect and trust are the…

Borrell:  EU-Turkey ties at “watershed” point

The High Representative of the European Union Josep Borrell is warning that relations are at a turning point with Turkey, over its intentions regarding the Eastern Mediterranean Sea. "The reaching…

EU issues EastMed ultimatum to Turkey

French President Emmanuel Macron stressed that the European Union devised a unified approach to ensure sovereignty of EU member states Greece and Cyprus is respected in light of Turkey’s aggressive…

Turkey ratchets up EastMed tensions

Hostilities between Turkey and Greece over a disagreement in the Eastern Mediterranean are escalating. In blatant disregard of a maritime Exclusive Economic Zone (EEZ) agreement between Athens and Cairo, Ankara…