Turkey remains numb while its economy is expected to shrink further due to a cocktail of EU and US sanctions

The EU Council decided to impose sanctions on Turkey for continuing its illegal drilling operations in the Cypriot territorial waters violating the EU member’s sovereignty rights. The Turkish side however keeps claiming the natural sources in the area and insists on the myth that they have equal rights with the Republic of Cyprus. The under […]

What do the economic woes of Turkey, Argentina and Indonesia have in common?

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Michael Hanley, Head of Digital Communications, Member of the Executive Committee, World Economic Forum Since Turkey suffered an economic crisis of confidence in September – with its currency falling by some 40% that month – emerging markets around […]

EU attempts to make new deal with Turkey as relations deteriorate

The EU foreign ministers gather in Malta on Friday to discuss about the future relations with Turkey a few days after Erdogan’s narrow and controversial victory in the Turkish referendum. It seems that the EU officials and leaders start fearing that the Turkish president will materialise his threats about abandoning the EU-Turkey refugee deal in […]