“We will find a solution in the coming weeks but it will not have anything to do with debt relief but rather with Greece having to do more on the way to becoming a competitive economy,” Schaeuble said Source Ekathimerini
The European and global economic environment has become more threatening for France in recent months, with the recession in Italy a particularly serious concern, the French finance minister said. Source Bloomberg
Turkey is about to start offshore drilling with two vessels around the island of Cyprus, Turkish foreign minister said on Feb. 21. “Let those who come to the region from far away, and their companies, see that nothing can be done in that region without us. Nothing at all can be done in the Mediterranean without Turkey, we will not allow that,” Mevlüt Çavuşoğlu told at an event gathering business people in Turkey’s western Aydın province. Source Daily News
The International Monetary Fund (IMF) will never have a role in the future of the Turkish economy, Turkish President Recep Tayyip Erdoğan has said, also criticizing the main opposition party on the issue. Source Daily News