All News from Balkans

Where did all the money from the EU to Turkey go?

A recent article in the Brussels-based online newspaper EUobserver reads almost like a joke, except that there is not much to joke about in this instance. According an unnamed spokesperson for the European Commission, the EU has extended nearly one billion euros in funds to Turkey since 2007 in order "to support the rule of law, civil society, fundamental rights, democracy and governance." 

Who is running Turkish foreign policy?

Foreign Minister Mevlüt Çavuşoğlu has officially been at the helm of Turkey's diplomatic team for years. He previously served as a member of the Turkish group in the Parliamentary Assembly of the Council of Europe (PACE) and was later elected as its chairman.

Turkey in the Middle East: From honest broker to spoiler?

In international relations, perception matters. The foreign policy conduct of a country is not only a mirror of its domestic order and harmony but also its image maker in the international community. The image of a country is very much in line with the way it is perceived. Therefore, perception matters.

Marching for justice

The government is reacting, but main opposition Republican People's Party (CHP) leader Kemal Kılıçdaroğlu's "justice march" is at least shedding light on the concepts of law and the judiciary. 

A courageous investment in tourism

Bank loans in Turkey's tourism industry have increased 70 percent in the past two-and-a-half years, despite undergoing a deep crisis. According to official data, average room prices have gone down 35 percent while one million people have lost their jobs. Amid this atmosphere, I met a brave Don Quixote investing in this industry.

Studio giants drop rivalry for 'Spiderman' reboot

Spider-Man: Homecoming" sees one of the most successful superheroes in movie history return to his comic book roots but the film's release is a landmark Hollywood event for a different reason.

The $175 million blockbuster brings together two corporate leviathans, Disney-owned Marvel and Sony, in a rare example of cooperation between rival studios on a major film.

Economic sentiment posts only minor improvement

Business and consumer expectations have not improved as much as anticipated following the conclusion of the second bailout review, according to a monthly survey by the Foundation for Economic and Industrial Research (IOBE), whose results were released on Monday.

Major shopping centers set to mushroom across the capital

Central Athens, the city's southern suburbs and Piraeus are expected to be the main locations of the next generation of shopping centers planned for the broader capital region by the end of the decade.

Debts of state grow further in May

State debts to suppliers and taxpayers increased further in May to top 5 billion euros in the first five months of the year in total.

They reached up to 5.053 billion, from 4.959 billion euros at end-April, a 94-million-euro increase.

ATHEX: Mid-caps steal show as index keeps rising

Mid-caps headlined Monday's bourse session at Athinon Avenue as the normally less popular part of the market is offering major opportunities to the discerning eye now that uncertainty regarding ther Greek economy has diminished after the agreement with the country's creditors. This has taken the benchmark of the market to a new 25-month high.

Metropolitan Cleopas of Sweden addresses conference on Asylum and migration

On June 28-29, 2017 the Möjligheternas Mötesplats Conference was held in the Swedish city of Hultsfred, focusing on the issues of asylum and migration. Hultsfred is located about 1.5 hours away by automobile from the Greek Orthodox parish of Apostle Cleopas in Kalmar.

Hot MILF Asimina Inglezou! (video)

The heatwave might be over, but with appearances like these, Asimina Inglezou is definitely contributing to a new one. The hot MILF is a mountain runner and model and with a body like hers, it is no wonder she flaunts it as much a possible. The blonde beauty slipped into a sexy one piece swimsuit and posed for the camera in front of a hotel pool. Mykonos Live TV was at the shoot.

 

Convict says he will leak more calls by defense minister

A Piraeus court on Monday rejected an appeal for early release by Makis Yiannousakis - serving a life sentence for his involvement in a huge shipment of heroin intercepted in Greece in 2014 - on the grounds that his life is at risk, as two attempts have already been made against him in prison.

Four violations of Greek airspace by armed Turkish planes

Ten Turkish fighter jet flew over the south and northeast Aegean Sea on Monday executing four violations of Greek airspace and six infringements of the Athens FIR. The overflights occurred in four formations, with two of the planes armed. The Greek air force intercepted the aggressor planes as per international laws of engagement.

Wildfires burning in Attica and the Peloponnese

A fire engine is seen near a blaze in Kotronas, eastern Mani, southern Greece, Monday. Firefighters worked into the night trying to contain fires in Attica as well as Achaia and Laconia in the Peloponnese, which destroyed forest and farmland. Reports said several houses were threatened by the flames.

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