Turkey

Turkey's central bank unexpectedly raised interest rates by 500 basis points to 50% on Thursday, citing a deteriorating inflation outlook and pledged to tighten further if significant and persistent deterioration in inflation is foreseen.

Berlin is seeking to send a "positive signal" to Turkey about its ties with the European Union, with the inclusion of a paragraph to this effect in the conclusions of the ongoing summit in Brussels, Euractiv reported on Thursday.

Discussions are ongoing to decide whether EU-Turkey relations will be on the European Council's agenda at the two-day EU summit in Brussels starting Thursday. 

In a speech on Monday Turkey's President Erdogan not only defended the Turkish invasion of Cyprus in 1974, but went even further, stating that if Turkish troops hadn't stopped then all of Cyprus would be Turkish today.

Panathinaikos recovered from its loss to Olympiakos last week to win at Red Star Belgrade, while Olympiakos saw its winning streak snapped at Efes in Turkey.

In the first serving of this double week in the Euroleague, Olympiakos went down 85-72 at Anadolu Efes on Tuesday.

It is necessary to promote a rapprochement between Greece and Turkey but "no illusions" are allowed, Prime Minister Kyriakos Mitsotakis said on Wednesday, as the Hellenic Navy welcomed three new US-made Romeo MH-60R Seahawk helicopters in its assets.

The European Union's rights watchdog raised concern on Tuesday about the bloc's new 7.4 billion euro ($8.03 billion) agreement with Egypt that includes provisions to curb migration, saying it falls short on human rights safeguards.

Turkish security forces carried out retaliatory airstrikes destroying 27 PKK targets, including hideouts, caves and shelters in northern Iraq, the Defense Ministry has announced.

Greek diplomatic sources have reacted to remarks made by the Turkish president Recep Tayyip Erdogan regarding Cyprus.

In a speech he delivered to Turkish military personnel at a dinner Monday, Erdogan not only defended the Turkish invasion of Cyprus but went even further by arguing that if Turkish forces had moved further south in 1974, then Cyprus might be all Turkish today.

Hosts Germany will play two friendly matches against Ukraine and Greece in June days before the start of the European championships on home soil, the team said on Tuesday.

The Germans will host Ukraine in Nuremberg on June 3 before taking on Greece in Moenchengladbach four days later. Euro 2024 kicks off on June 14 with Germany facing Scotland in their first Group A match.