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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEurope is at 'a bit of an inflection point,' analyst says ahead of the European electionsEmre Peker, director for Europe at Eurasia Group, discusses the upcoming European elections.
Persons: Emre Peker Organizations: Eurasia Group Locations: Europe
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEU probe into Chinese EVs would've been an 'unthinkable step' a few years ago, analyst saysEmre Peker, director for Europe at Eurasia Group, explains why the "ex officio" nature of the investigation into Chinese electric vehicle subsidies is significant.
Persons: would've, Emre Peker Organizations: EU, Eurasia Group Locations: Europe
[1/2] Turkey's main opposition Republican People's Party (CHP) leader Kemal Kilicdaroglu, accompanied by IYI Party leader Meral Aksener and Felicity Party leader Temel Karamollaoglu, talks to media following a meeting of the opposition alliance in Ankara, Turkey March 6, 2023. A cost-of-living crisis amid rampant inflation and years of economic turmoil have eroded Erdogan's support, giving Kilicdaroglu another advantage. Recent polling showed Erdogan's support had edged up since last summer thanks to measures including a raise in the minimum wage. The following year, he was elected unopposed as CHP leader after his predecessor's resignation in the wake of scandal. His election fuelled party hopes of a new start, but support for CHP has since failed to surpass about 25%.
"U.S. legislation doesn't pass overnight," Emre Peker, director at the consultancy group Eurasia, told CNBC, adding that the EU could have acted faster. Luisa Santos, deputy director at BusinessEurope, a group of business federations, told CNBC that "it is still a bit early to say who will invest where." watch nowBelgian Prime Minister Alexander de Croo told CNBC that more state aid "is not a good answer." Several other experts have also raised concerns about easing state aid rules. Slow to respondIn addition to challenges with state aid relaxation, timing is also a risk.
The attack that killed six people on a busy Istanbul street on Sunday has brought national security back on the political agenda. With Turkey quick to accuse Syria-based Kurdish militants for the latest attack, analysts say Erdogan may now press for another cross-border campaign into northern Syria after three such incursions since 2016. Were Sunday's attack followed by more, Peker expected outcomes including a rapid escalation of "counter-terrorism operations, particularly against the PKK and the YPG". The YPG, espousing the same ideology as the PKK, has established control over swathes of northern Syria since war began there in 2011. In a November re-run - following that spate of violence and two major Islamic State bomb attacks - AK Party won comfortably.
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