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Tag Archives: sanctions

US warns to sanction Turkey over S-400 missiles purchase from Russia

The United States has warned Turkey over the purchase of S-400 missile defense system from Russia. In an exclusive statement to a Greek news website Hellas Journal, a representative of the State Department expressed Washington’s concerns over the purchase and threatened with sanctions and repercussions in defense trade. “an S-400 …

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Trump threatens Turkey with new sanctions as feud escalates

Relations between US and Turkey took a further turn for the worse, as Washington warned Ankara with more economic sanctions in the last hours unless the latter releases US pastor Andrew Brunson. The US ‘will pay nothing’ to Turkey for the release of detained pastor, President Donald Trump tweeted on …

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Trump threatens Erdogan with new sanctions if Brunson not released by Sun afternoon

The crisis between Turkey and US escalates, as President Donald Trump has given an ultimatum to Turkish counterpart Recep Tayyip Erdogan to release US pastor Andrew Brunson by Sunday afternoon or face more sanctions, Turkey’s president revealed late on Saturday. Erdogan’s response was a “warning” that the United States is …

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Speculation Turkey may seek IMF bailout, impose capital controls

Speculation is high that Turkey may seek a bailout from the International Monetary Fund and possibly also impose capital controls after the Turkish Lira lose big towards the US dollar. Recent fluctuations in foreign exchange markets, which cannot be explained on economic grounds, will ease sooner or later, ruling Justice …

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EU Parliament calls on Turkey to immediately release the two Greek soldiers

The Plenary of the European Palriament has compiled a motion for a resolution “on the violation of human rights and the rule of law in the case of two Greek soldiers arrested and detained in Turkey.” It calls for the Turkish government to immediate release the two Greek soldiers and …

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Greece defies EU, US on sanctions for Iran’s Saderat Bank

Greece has spurned its European allies and Washington by blocking European Union sanctions on an Iranian bank the U.S. accuses of financing terrorism, officials familiar with the move say. Athens’s action last month marked the first time a European country has picked apart the sanctions regime meant to remain in …

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EU prepares new Border Guards force that will intervene without an EU-state consent

The European Union is determined to end “national sovereignty” in order to “protect” Europe from refugees and migrants. In order to achieve this, Brussels’ bureaucrats following Brussels’ politicians’ instructions prepared an extraordinary proposal, according to which a new border & coastguard agency will be established with extended powers like to …

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EU FMs agree by consensus to extend Russia’s sanctions for six months

EU countries have agreed by consensus to extend Russia sanctions for six months, expand their blacklist, and prepare further economic sanctions if need be, Euobesrver and several Greek media report.The sancton were ending in March, with the extnesion they will be valid until next September. Greece had earlier voiced reservations, …

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FinMin Siluanov tells CNBC: “Russia would consider financial help to Greece”

“”Russian Finance Minister Anton Siluanov told CNBC that Russia would consider giving financial help to debt-ridden Greece. Siluanov said Greece had not yet asked Russia for assistance, but he did not rule out an agreement between the two countries if Greece came asking. “Well, we can imagine any situation, so …

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Did EP Schulz complain to Tsipras about rain, Russia and lack of EU solidarity?

President of the European Parliament Martin Schulz arrived at the office of Prime Minister Alexis Tsipras but the timing was bad. It was raining. An obviously disappointed Schulz immediately pointed with the finger towards the sky in front of PM Tsipras’ nose. Martin Schulz complained right away about the shortage …

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Dirty little EU games with Russia and Greece? FM Kotzias in Brussels

Newly appointed Foreign Minister Nikos Kotzias is due travel to to Brussels to attend the extraordinary meeting of European Union Foreign Ministers who will discuss sanctions against Russia due to escalation of the Ukraine conflict. The meeting will convene tomorrow Thursday, January 29th,  upon an invitation by EU’s High Representative …

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