The IMF is satisfied with Ukraine yet is bringing forward more demands to continue the cooperation 
ISSUE #19
11/19/2010
Head of the International Monetary Fund (IMF) mission in Ukraine Thanos Arvanitis said that Ukraine had fulfilled all main obligations within the framework of the cooperation program with the IMF. Prime-Minister of Ukraine Nikolay Azarov predicts that by the end of 2010 the Board of Directors of the IMF would decide on granting Ukraine the second tranche of the loan in the amount of 1.6 billion dollars. READ MORE
- Wednesday, 15 December 2010, 09:09
EGF Turkey File
November 2010
Key positions:
• David Cameron’s forceful remarks over the summer on Turkey’s stagnant accession talks have hit a nerve in some circles in Brussels. Criticism of fellow German and French members of the EU by the prime minister on bias and playing to xenophobic political moods has addressed the elephant in the room over Turkey’s much debated membership application. Brussels is predicted to endorse the recent referendum results from Turkey as a positive step in its long standing bid to join the EU.
• A Turkish court struck down the headscarf ban in public universities recently, but no major social disturbances have been reported. The lack of social unrest over such a divisive issue seems to further demonstrate that Turkey is enshrining the values of a law based democratic society where sensitive political issues are settled in the courts and at the ballot box rather than in the streets. Meanwhile the Ergenekon trial (Turkey’s new national coup plot) has faded from national attention as the Istanbul prosecutor’s office has declined to pursue the case citing lack of verifiable evidence.
• The Turkish National Petroleum Corporation has recently won two major contracts in developing the two largest Iraqi gas fields, further increasing Turkey’s interests in its neighbour. This has not alleviated some concern in the business sector that warns a ballooning trade deficit over the past year has dire consequences for the long-term future of business growth.
READ MORE
- Tuesday, 30 November 2010, 05:57
EGF Forum View: Considering Greece as an Alternative Energy Corridor
August 2010
Marco Pantelakis
EGF Eurasia Energy Analyst
Greece Vs Turkey
Over the last decade, two energy rings have been forming in the Balkan/Caspian oil and gas pipeline/energy supply route context, first in Turkey and then in Greece. As a result, both countries have been elevated to the role of strategic energy corridor territories, linking the energy-rich Caspian region with Europe. Both Turkey and Greece exhibit vast potential in connecting Caspian supply sources with Western markets, both independently of one another as well as in unison. Taking this into account, the EU and the US in particular have endorsed policies which have privileged Turkey as the main interconnector between Europe and the Caspian in the scramble for European energy security. However, Ankara’s current geopolitical reorientation towards Russia (with whom it has developed a pragmatic, yet strong energy partnership) and the Middle East, along with the several security-political shortcomings that undermine the stability of the Turkish energy grid, might lead toward a rethinking of Western energy policy toward the alternative, emergent Greek (energy) ring. READ MORE
- Sunday, 24 October 2010, 21:51
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In Progress
