The Turkish lira has crashed to a record low – at time of publication it was 7.24 liras to the U.S. Dollar. Turkey’s three largest banks, Garanti, Akbank and İşbank are on the verge of bankruptcy, according to New Economy.
Greek Foreign Minister Nikos Dendias told Real Radio that “we will not follow Turkey downhill.”
“Unfortunately, we are in a climate in which Turkey is not responding to the friendly hand that our country is constantly leaning on,” Dendias said. “We have an obligation to defend our national interests, our national sovereignty and not to allow Turkey to lead our relations to such an escalation that we can militarize any dispute.”
“We are not going to militarise the crisis with Turkey. It is the trap that Turkey is setting for Greece: to move from the stage of law to the stage of actions of this kind. The militarisation of differences with Turkey will not lead to a solution, it will lead to a deterioration,” the Foreign Minister said, but stressed that” Greece retains all the rights to defend its national space.”
“Unfortunately, we are in a climate in which Turkey is not responding to the friendly hand that our country is constantly leaning on,” Dendias said. “We have an obligation to defend our national interests, our national sovereignty and not to allow Turkey to lead our relations to such an escalation that we can militarize any dispute.”
“We are not going to militarise the crisis with Turkey. It is the trap that Turkey is setting for Greece: to move from the stage of law to the stage of actions of this kind. The militarisation of differences with Turkey will not lead to a solution, it will lead to a deterioration,” the Foreign Minister said, but stressed that” Greece retains all the rights to defend its national space.”
Dendias also stated that Greece is in negotiations on the delimitation of the Economic Exclusion Zone with Italy and Egypt, and at some point soon the relevant discussions with Cyprus and Albania will begin.


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