Tag Archives: sanctions

The European Union might take action against Turkey should the country continue its provocative actions and proceed with off shore drilling in the Economic Exclusive Zone of Cyprus. The EU is likely to take action against Turkey at the next meetings of the European Council either on May 28 or …

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Oil price jumps sharply today on news that US is preparing to stop all Iranian oil sanction waivers. The announce could be made as soon as on Monday. Currently, China, Greece, India, Italy, Japan, South Korea, Taiwan and Turkey are buying Iranian oil without facing US sanctions. But such waivers …

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U.S. President Donald Trump has signed a bill that blocks the transfer of F-35 new generation fighter jets to Turkey. The delivery will be unblocked if Ankara cancels the purchase of S-400 missile defense system from Russia. Turkey is at risk to have US sanctions imposed if it proceeds with …

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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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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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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 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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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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Threats, insults and immediate sanctions: This is how Turkey under president Recep Tayyip Erdogan manages its foreign policy, when president Recep Tayyip Erdogan is angry. And he is angry much too often lately primarily against the Netherlands and Germany. And not only… Some examples Erdoganist Turkish Foreign Affairs narratives…. pic.twitter.com/QgSXirSMbQ …

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Turkey lashed out at Netherlands on Saturday after the Dutch government decided to deny landing rights for foreign minister Mevsut Cavusoglu. Immediate was the reaction of President Recep Tayyip Erdogan who spoke of “Nazis and fascists” and wondered “let’s see how your flights will land in Turkey.”  Several European countries …

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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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Greek Prime Minister Alexis Tsipras and Italian Mateo Rezi could be an effective  nice front against those xenophobic EU member-states that refuse to accept asylum seekers. I have the feeling that the first steps in this direction are already under way – nevertheless, the South Europe Solidarity Summit in September. …

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The European Commission has officially launched the procedure to impose sanctions against Spain and Portugal for deficits of more than 3% in their budgets 2015. In a statement the EC paved the way for fines against its two members and suspension of part EU Structural and Investment Funds (ESIF). In …

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Finally! The European Commission is considering to impose “sanctions”, that is radical measures in form of financial fines to EU member states that refuse to accept refugees on the context of relocation scheme and the EU Turkey deal. As majority of EU member states refuse to comply with the agreement …

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The President of Greek Republic Prokopis Pavlopoulos asked for direct sanctions against those EU member countries violating the European rules. With a direct hint to EU member countries’ behavior in the Refugee Crisis, Pavlopoulos said “While in the Economic and Monetary Union, there are rules and sanction mechanisms and when …

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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 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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“”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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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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President of European Parliament,  Martin Schulz is visiting Athens today to meet with new prime Minister Alexis Tsipras but also with opposition  party leaders Antonis Samaras (Nea Dimokratia), Evangelos Venizelos (PASOK), Stavros Theodorakis (To Potami) and George Papandreou (To Kinima), the former PM whose party failed to pass the 3% …

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