The economic effect of sanctions imposed on Turkish goods following Turkey's downing of a Russian plane in its airspace late last year is likely to surpass $11 billion this year, according to a report by the Turkish Social, Economic and Political Research Foundation (TÜSES) released on Monday.
By Marcus Bensasson & Nikos Chrysoloras, Bloomberg
By Suzanne Lynch, irish Times
The International Monetary Fund has reiterated its call for debt relief for Greece, raising pressure on European countries to cede to Greek demands for debt re-profiling.
George Soros and Bank of America Merrill Lynch appear to have a significant difference of opinion regarding Greece.
By Kourosh Ziabari, Middle East Eye