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A Charm Offensive: Turkey and France Reset Relations

s it not bizarre: even before French President Emmanuel Macron welcomed his guest Turkish President Recep Tayyip Erdogan on Friday 5 January, in Paris - for what after listening live on air to the press conference were very good bi-lateral talks indeed - that some in Europe’s anti-Turkey lobby had already pressed the panic button, pre-event and pre-press conference! Probably shocked to witness the Turkish government not only continuing with, but now bringing its successful 360 degree foreign policy (back) to Europe, too, anything seems apparently justified to erect roadblocks.

How Turkey Became the Largest Country Invested by the EBRD

ow did Turkey become the largest country in terms of investments funded by the EBRD (European Bank for Reconstruction and Development) in 2016? And how has this occurred just seven years after the first investment made in Turkey in 2009? Reflecting on this question will give us the opportunity to understand how the Turkish economy managed to remain resilient and how it continued to grow in recent years despite unwelcoming international economic and financial conditions together with various domestic political events that shook the country through the last four years.