Brookings Institute in Washington

IMF: 2% of global GDP goes to bribes

It is estimated that bribes and graft correspond between 1.5% to 2% of global GDP, according to IMF head Christine Lagarde. The IMF Managing Director said that systemic corruption was jeopardising the ability of states to create growth and lift populations out of poverty during a speech at the Brookings Institute in Washington.

Erdogan: EU-Turkey agreement comes into effect as of April 4

Turkey’s president Recep Tayyip Erdogan stated that the implementation of EU-Turkey agreement on readmission of immigrants arriving in the Greek islands will start on April 4.

Addressing Brookings Institute in Washington, U.S.A., he explained that immigrants who arrive in Greece from Turkey will be sent back to Turkey according to the agreement signed between EU and Turkey,