Turkey-Libya maritime EEZ deal rattles eastern Mediterranean

Business Dec 26, 2019

Turkey-Libya maritime EEZ deal rattles eastern Mediterranean

Turkish President Recep Tayyip Erdogan paid a surprise visit to Tunisia on Wednesday to discuss cooperation for a possible cease-fire in neighboring Libya, where Ankara supports the internationally recognized government. The visit comes after Turkey signed an accord with Libya's internationally recognized government last month ...

Turkey will drill for gas until Greek Cypriots accept plan: minister

Business Jul 15, 2019

Turkey will drill for gas until Greek Cypriots accept plan: minister

Turkey will continue drilling for gas in waters off Cyprus if the internationally recognized Greek Cypriot government does not accept a cooperation proposal put forward by Turkish Cypriots, Ankara's foreign minister said on Sunday. Mevlut Cavusoglu said a proposal by Turkish Cypriot leader Mustafa Akinci ...

Betray your bank before Slovenia betrays you

Business Apr 1, 2013

Betray your bank before Slovenia betrays you

by Jonathan Weil

What's a Slovenian with several hundred thousand euros in the bank supposed to do? Spread it out among at least a few different banks, that's what. Or move the money out of the country, while it's still possible. Imagine what must be on the minds ...

Editorials Mar 30, 2013

Lessons of the Cyprus crisis

The collapse of Cyprus' banking system may have been averted thanks to an international rescue, but causes of the crisis have not been eradicated.