Risk

Citi researchers examined more than 100 years of geopolitical developments to assess where we stand now & what degree of risk global investors face

Our differences with Turkey are not going to be resolved anytime soon or easily. But this does not mean that communication with our eastern neighbor should stop - quite the opposite.

Contacts, even when not negotiating, help to defuse tension and reduce the risk of an "accident," and this has been clearly witnessed in the last 10 months. 

The European Commission on Thursday decided to refer Greece to the Court of Justice of the European Union for failing to provide updated flood risk and flood hazard maps as required by its floods directive. 

The parliament has approved a law that aims to speed up the process of urban transformation in areas that face earthquake risk.

“Existential risk is defined as many, many, many, many people harmed or killed”

There is a very high risk of fire (risk category 4) for the border region of Evros and the island of Samothraki on Saturday, according to the Fire Risk Forecast Map issued by the General Secretariat for Civil Protection on Friday.

The map showed there is also high risk of fire (risk category 3) for several other Greek regions.

All the leading business media outlets reported yesterday that the price of natural gas in Europe has sharply risen by 40 percent, which is a sign that a chasm of energy uncertainty and insecurity could once again open beneath the old continent.

President Recep Tayyip Erdoğan has prioritized urban transformation works in the new period following the deadly Feb. 6 earthquakes, which brought to the agenda once again the urgent need and importance of urban transformation works.

The Environment, Urbanization and Climate Change Ministry has recently launched an effort with the goal of transforming 2 million homes in all 81 cities, with an annual target of 400,000 homes over a five-year period, with a focus on risky areas in 59 provinces and reserve building zones in 65 provinces.

In 2022, 95.3 million people in the European Union were at risk of poverty or social exclusion, i.e. they lived in households with serious financial difficulties. This is according to data from the Eurostat statistical office. They remain almost unchanged from the previous year, when 95.4 million people lived at risk of poverty.