Government of Turkey

For the winner in Turkey, one prize is an economy at the edge of crisis

ISTANBUL - Inflation in Turkey remains stubborn at 44%. Consumers have watched their paychecks buy less and less food as the months tick by. And now, government largesse and efforts to prop up the currency are threatening economic growth and could push the country into recession.

Sometimes dogs bark and bite

We knew from the start that the calm interlude in Greek-Turkish relations would not last forever. It was a careful but temporary agreement that will expire after the elections are completed in Greece and Turkey. Now, we see Ankara slowly returning to an aggressive rhetoric.

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