Economics

The Euro Crisis

REUTERS/Tobias Schwarz - German Chancellor Angela Merkel and Turkey's Transport, Maritime Affairs and Communications Minister Lutfi Elvan cut the ribbon in front of an Airbus A350 plane during the ceremony opening the ILA Berlin Air Show in Selchow near Schoenefeld south of Berlin May 20, 2014.

Blog Post

European economic integration is the key to Turkey’s past and future

March 11, 2015, Martin Raiser

Turkey is a winner of globalization and economic integration. In a new blog, Martin Raiser examines the key policies that have contributed to the country's successful integration as well as its future economic prospects.

  • In the News

    The [Greek] government desperately needs money. So, Tspiras saw the failure of [Finance Minister Yanis] Varoufakis and took over to get at least a small tranche to survive until June.

    March 24, 2015, Theodore Pelagidis, Handelsblatt
  • In the News

    Greece is much more important than people think. The conventional wisdom is now that we can allow a Grexit and just cauterize the wound, but it’s not that simple.

    March 9, 2015, Daniel V. Speckhard , Fortune
  • Interview | ALPHA TV

    February 27, 2015, Kemal Derviş

  • In the News

    [Greek Prime Minister Alexis Tsipras and his finance minister, Yanis Varoufakis,] were amateurs, but they are adapting. The [euro bailout] negotiation showed that Greece had no leverage.

    February 26, 2015, Theodore Pelagidis, Bloomberg
  • Interview | CTV

    February 16, 2015, Daniel V. Speckhard

  • In the News

    The Independent Greeks is the nation’s version of the Tea Party. Think about it. It is like the Tea Party in the U.S. agreeing with progressive democrats to support together a candidate.

    February 2, 2015, Theodore Pelagidis, Toronto Star
  • In the News

    These people are not bluffing. There is no way that Greece will make it through February. The situation will be get worse every day, and at the forefront of the drama will be the country’s banks.

    January 30, 2015, Theodore Pelagidis, Bloomberg
  • In the News

    No one has an interest in Greece leaving the euro. Those who say that there’s an incentive for Greece to be kicked out so that it is made an example for other nations in the euro area are wrong. Nor is there an incentive to allow anything to happen with Greek bank deposits.

    January 22, 2015, Theodore Pelagidis, The Washington Times
  • In the News

    Yields are rightly high, as they price in a risk. But if every actor thinks rationally, and given that the vast majority of the Greek people and the middle class that votes for Syriza want Greece to stay in the euro, Tsipras will be forced to do what voters want.

    January 9, 2015, Theodore Pelagidis, Bloomberg
  • In the News

    Some oligarchs feel that with the troika [the bailout monitors from the European Commission, the European Central Bank and the International Monetary Fund] they are losing ground. They cannot use black money so easily, collude with politicians and bribe the state apparatus.

    January 6, 2015, Theodore Pelagidis, Financial Times

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