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Does military expenditure hinder economic growth? Evidence from Greece and TurkeyMilitary expenditureEconomic growthARDL bounds testVECMThe relationship between economic growth and military expenditure has been extensively studied but its findings are inconclusive and contradictory. The primary reasons behind ...
Greek Prime Minister Kyriakos Mitsotakis said later that Athens was seeking a "fertile and productive" relationship with its neighbour Turkey, adding his government would join the talks once finalised. Turkey and Greece are at odds over the extent of their continental shelves in the Medit...
While individuals may not necessarily have a decisive role in shaping and exercising a state’s politics, in the case of Turkey, due to poor institutions and the overconcentration of power in the Ak Saray, or the White Palace, Recep Tayyip Erdogan wields significant influence in foreign policy...
Ankara is also integral for strengthening the industrial base of Europe’s defense. While Turkey’s economy is struggling, Europe is rich. The devalued Turkish lira provides better value, through lower wages and reduced production costs, for European companies. Turkey has a big labor force ...
14 -- The two Greek servicemen who had been detained in Turkey since March after accidentally crossing the border and were released on Tuesday were due to return to Greece in the early hours Wednesday, according to an official announcement in Athens. Following an order by Greek Prime Minister ...
Erdogan has a relatively warm relationship with Alexis Tsipras, the leftist politician who became Greek prime minister in 2015 and generally eschews nationalist rhetoric against Turkey. Tsipras told Turkey's state-run Anadolu news agency in an interview ahead of the visit that suspected coup plotters...
Solutions to the disputes over the natural gas reserves in the Eastern Mediterranean can only be found on the basis of international law and in honest dialogue between each other”. “The tensions are not only a burden on the relationship between the EU and Turkey while further escalation ...
Greece is located in southeastern Europe, at the tip of the Balkan Peninsula, bordering with Turkey, Bulgaria, North Macedonia and Albania. Greece covers an area of 130,000km2 and has a population of 11 million. The country has a mild Mediterranean climate with temperatures ranging from 5C0-...
“Anatolia” are synonymous, meaning “the rising of the sun”, we can understand not only that it has a permanent place in the Greek heart and mind, but that Greece has an ongoing relationship with the Levantine region – with Cyprus, with Turkey, wit...