Erdogan makes drilling plans clear
Turkish President Recep Tayyip Erdogan on Thursday announced Turkey’s plans to drill for hydrocarbons – oil and natural gas – in its maritime zone, as well as on land and sea in third countries.
Greek jobless rate eases to 11.8% in September
The Greek unemployment rate fell to 11.8% in September from 12.1% in August and 13.3% in September 2021, the Hellenic Statistical Authority (ELSTAT) said on Thursday.
US may approve F-16 sale to Turkey in two months, Erdogan’s spokesman says
President Tayyip Erdogan’s spokesman said the process of the United States approving the sale of F-16 fighter jets to NATO member Turkey was going well and could be completed within a couple of months.
Demolitions of illegal constructions put off again
The demolition of structures illegally built on shorelines and in forests will be delayed for a third time, because the owners, many of them of tourist businesses, “would have no alternative if they were forced to relocate,” according to a draft bill submitted to Parliament Monday evening.
Yearly inflation in Turkey rises to new 24-year high of 85%
Annual inflation in Turkey continued to rise in October, official figures showed Thursday, pushing the price of essential goods higher and amplifying a cost-of-living crisis in the country.
Moderate quake shakes western Turkey causing panic
A moderately strong earthquake struck Turkey’s western province of Izmir on Friday, causing panic among residents and toppling the minaret of a mosque, officials said. Two people were hurt while trying to escape their home in panic.
Shattered by Nazi bombs, a fossil’s lost copies are just being found
In May 1941, the Royal College of Surgeons in London was bombed during a Nazi air raid. Among the specimens lost from its museum collection was a skeleton of an ichthyosaur – an extinct marine reptile that appeared millions of years before dinosaurs laid their first footprints on prehistoric soil.
Cypriot inflation seen dropping in October
According to estimates published by Eurostat, the annual inflation rate for Cyprus is expected to come to 8.6% in October.
Big credit expansion in Cyprus
New loans provided by Cypriot banks rose by 217 million euros in September compared with August, driven upward mainly by corporate loans over €1 million that rose by €127.6 million.
Spotlight on Libya: The UN mission, Turkey’s destabilizing role, and Greece
The UN Security Council recently extended the mandate of the UN mission to Libya – known as UNSMIL – for another year, a move welcomed by Greek diplomats.