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The Greek Current
The Greek Current

A political earthquake in Istanbul

"Whoever wins Istanbul, wins Turkey", said President Erdogan. On Sunday, June 23, President Erdogan's chosen candidate was defeated - again - in a rerun of Istanbul's mayoral election by Ekrem Imamoglu who won by a landslide. Aykan Erdemir, former member of Turkish Parliament and Senior Fellow at The Foundation for Defense of Democracies, joins The Greek Current to discuss the seismic Istanbul result and what Ekrem Imamoglu's crushing victory means for Erdogan's future.

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Secretary Rubio visits Greece, the Strategic Dialogue, and the region's Turkey dilemma

Athens was buzzing this week as Secretary of State Marco Rubio visited Greece. His speech with the Acropolis in the background made headlines around the world, and his emphasis on Greece’s role as “a source of stability in an unstable world" and a “model ally” did not go unnoticed. Beyond Rubio’s comments, his visit coincided with the 6th US-Greece Strategic Dialogue, reflecting the excellent...

Greece lures hedge funds and rebuilds market trust while NATO looks to put Greenland saga behind it

At the height of the last decade’s financial crisis, Greece was not only struggling to keep capital in the country, but its borrowing cost was also sky high. Today, Greece is wooing the world’s leading hedge funds with a new tax regime designed to lure investors to establish substantial operations in Athens, and we’ve already seen it persuade billionaire Chris Rokos and the hedge fund...