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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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Russia's hybrid war and Europe's far right turn

On August 4, a drone struck the wing of a Ukrainian aircraft at Germany’s Leipzig Airport and fell onto the tarmac. It failed to explode. Two more drones were also found nearby over the next few days. All the evidence has pointed to Russia as the main culprit, with German officials highlighting how the Leipzig airport attack followed a “well-established pattern of Russian hybrid operations in...

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...

The Houthis and the Red Sea crisis, Turkish threats in the Aegean, and political turmoil in Serbia

This week we’re traveling around the region, moving from the Red Sea to the Balkans.While the Iran war has disrupted energy flows through the Strait of Hormuz, the world’s attention shifted to another major global chokepoint at the mouth of the Red Sea this past week, the Bab-el Mandeb Strait, as Iran-backed Houthi rebels tighten their grip over this strategic maritime route and threaten Saudi...