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The EU and Germany have set themselves ambitious climate and energy policy targets. Taking into account the need to reduce emissions from all sectors of the economy, they now have a different perspective on the energy situation in the Eastern Mediterranean than a few years ago.
Persistent link: https://www.econbiz.de/10013347843
Russia's attack on Ukraine has once again highlighted Europe's heavy dependence on Russian natural gas and thus, among other things, underlined the significance of energy cooperation between the European Union (EU) and Turkey. Traditionally, Turkish-European energy relations have prioritised the...
Persistent link: https://www.econbiz.de/10013347844
The implementation of the European Union’s (EU) Green Deal to reduce emissions by 2030 and to achieve climate neutrality by 2050 will have an impact on the EU’s trade policy and on its trade relations with its non-EU partners. With the ongoing decarbonisation process of European economic...
Persistent link: https://www.econbiz.de/10013459307
Turkish President Recep Tayyip Erdoğan began his third term in May 2023 with the appointment of Mehmet Şimşek as finance minister and the business executive Hafize Gaye Erkan as governor of the central bank. Both are widely acknowledged and experienced proponents of orthodox economics. The...
Persistent link: https://www.econbiz.de/10014462327
The economic and financial crisis of 2008 disrupted the European Union’s (EU) enlarge­ment policy for the Western Balkans. At least since that time, the region has seen greater involvement by economic actors from non-EU countries such as China, Russia, Turkey and the United Arab Emirates...
Persistent link: https://www.econbiz.de/10014424334
In the Black Sea, Turkey has been able to engage in resource exploration and joint security arrangements with its neighbours. Ankara's approach to the Black Sea demonstrates that with the right diplomatic efforts and mutual recognition of inter­ests, regional cooperation is possible even in...
Persistent link: https://www.econbiz.de/10015062069
Although electricity grids shape and define both political and economic spaces, the geopolitical significance of electricity remains underestimated. In political communities and beyond, such grids establish new channels for projecting geopolitical influence and new spheres of influence. In the...
Persistent link: https://www.econbiz.de/10013201674
Turkey's neo-Eurasianist ideologues describe themselves as “Kemalist Eurasianists”. They argue that “Eurasianism calls for a cultural, military, political and commercial alliance with Turkey’s eastern neighbors, notably Russia, Iran, the Turkic countries of Central Asia, and even...
Persistent link: https://www.econbiz.de/10013201675
The war in Ukraine is set to increase the pressure on Turkey's balancing policy, shed light on the role of anti-Westernism in Ankara-Moscow relations, and reshape Turkey's relations with Russia and the West. The balancing policy will face a less permissive environment. However, a rupture in...
Persistent link: https://www.econbiz.de/10013347926
Among the many significant geopolitical consequences of Russia’s war against Ukraine has been the reinvigoration of the Middle Corridor, both as a regional economic zone comprising Central Asia, the Caucasus, and Turkey but also as an increasingly attrac­tive alternative route between Europe...
Persistent link: https://www.econbiz.de/10013459280