The EIB, which is Turkey’s biggest single lender, has spent between 0.4 billion euros ($446 million) and 2.2 billion euros ($2.45 billion) a year in the country over the last three years, while nothing has been invested so far in 2019.
After the failed 2016 coup against him, Erdogan’s decisions have completely undermined Turkey’s EU course.
EU foreign ministers noted Turkey’s illegal drilling in Cyprus’ EEZ and suspended talks on the EU-Turkey air transport agreement and other high-level EU-Turkey dialogues.
“Greece is not alone on the great issues that concern her and this is all the more true on the migration issue,” Avramopoulos declared.
Germany, France, Spain, Britain, Portugal, Sweden, Denmark, Austria and the Netherlands, were among the EU member-states that recognised Guaido as interim leader early this year.
As the bloc needs Turkey in matters such as security and migration, an EU diplomat involved in the latest discussions told Reuters any future sanctions would be limited.
The European Council on 20 June had called on the European Commission to come up with a list of possible sanctions against Turkey over its violations of Cyprus’ sovereignty and issued the sternest warning to Ankara yet
The EU admitted all of Cyprus in 2004 and according to the Accession Treaty (2003) the community acquis (EU laws and regulations) is suspended in occupied Cyprus pending a settlement of the Cyprus problem.
The profile raises questions about whether Greece’s creditors and European partners will be persuaded of the basic tenet of New Democracy’s platform, that it can bring the four percent growth rate it says will pay for deep tax cuts.
Presented by Bloomberg with lengthy excerpts today, the account documents the fact that the path to Grexit had been prepared both in 2012 and in the first six months of 2016 when Alexis Tsipras had come to power and Yanis Varoufakis was managing the Greek economy and supposedly preparing a clash and falling out with creditors.
Conservative austerity versus SYRIZA social benefits and relief for the vulnerable is the ruling party’s new Manichaean political dilemma for voters.
The IMF's report underlines that the delay in the restructuring of the debt undermined the prospects of a Greek economic recovery and questions the efficacy of the 2012 haircut on the Greek debt (PSI).
It is by now perfectly clear that aside from Cyprus’ EEZ Turkey is mulling a grab in the EEZ of Kastellorizo, as it does not recognise that the small Greek island has an EEZ.
There is very little the EU, which lacks a Union army, can do in the situation except perhaps for imposing some kind of economic sanctions.
'As a left-wing government we want to cut taxes but also to redistribute income and both elements are important,' the Finance Minister said.
Orban, Salvini, and Lepen, to take just the most prominent exponents of this current, constitute a major threat to Europe because they have adopted poisonous, xenophobic, and authoritarian policies.
'If I become Commission president, then I will instruct the offices in Brussels to end the talks with Turkey on accession to the European Union,' he said.
Zaev said that he negotiated with Greece without the ethnic identity of Macedonians who speak Macedonian and have their own tradition and history being disputed.
The report espouses the view of New Democracy leader Kyriakos Mitsotakis that Skopje’s EU candidacy can be used to ensure proper implementation of the Prespa Accord.
Apostolakis said that the two countries’ longstanding defence cooperation is constantly increasing, and that from now on it will be much more effective.