Oxford Economics highlights that the yield differentials between core and peripheral eurozone government bonds have significantly converged in recent years, with Italy being the main exception. Almost all peripheral countries now borrow cheaper than France, overturning the traditional spread hierarchy.
With sharp warnings and veiled threats, Turkey’s Foreign Minister accuses Greece of using “anti-Turkish sentiment as political aspirin,” as Athens reaffirms its commitment to sovereignty, regional stability, and solidarity with Cyprus.
Eastern Libya’s policy shift, Turkey’s assertiveness, and the growing geopolitical concerns in the Eastern Mediterranean
Stournaras argued that for the euro to become a reserve currency, a "stronger, more integrated, and growth-oriented economy in the euro area" is needed
