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The Greek Current
The Greek Current

Erdogan's family drama and Turkey’s political and economic future

In a shocking move earlier this month, Berat Albayrak, Turkey’s Finance Minister and Erdogan’s son in law, announced his resignation after months of growing alarm over the value of the lira and the state of the economy. His abrupt departure has triggered a shake-up in the country’s economic management, and raises questions about Turkey’s political and economic future. Laura Pitel, the Turkey correspondent for the Financial Times based in Ankara, joins us to discuss her latest in-depth piece on this shocking development.

Read Laura Pitel’s in-depth piece for the Financial Times here: Erdogan’s family drama and the future of Turkey

You can read the articles we discuss on The Daily Roundup here: 

Fragile Confidence Returns to Turkey as Markets Cheer Rate Hike

Investors welcome change of tack as Turkey unveils big rate rise

Greece, UAE on same page about Turkey

Greece’s archbishop hospitalized with coronavirus symptoms

Thessaloniki continues to report highest number of new Covid cases

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Conflict in the Horn of Africa, the Turkey factor, and why it matters for Greece

This week we’re turning our attention to the Horn of Africa, where a long-simmering conflict in Ethiopia recently exploded into open war. The situation is grim, but it’s not limited to Africa’s second most populous nation. Eritrea has been pulled into the conflict, Sudan’s civil war is right next door, and on the other side of the Red Sea the Iran-backed Houthis in Yemen continue to strike the...

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...