What world are you living?
Get those rose colored glasses off.
If Turkey was England or as economically powerful as Japan or SK, I would dismiss EU sanctions. But Turkey is nothing agricultural and tourism hub. Some of you tend to forget the limits of your country.
You’re only playing this East Med role because other powerful countries allow you to play. It’s either you or Russia. So why not have turks and russkies clash over Libya.
Mark my words-if and when Libya falls in line, you will sit down and negotiate with your European “partners”
Turkey is nothing agricultural and tourism hub ? maybe you are living in MARS
Turkey has exported $105 billion industry finished product in 2019
-- Turkey's automotive industry exports in 2019 over $28 Billion ( Germany was the top destination for automotive exports , followed by France and Italy )
-- Turkish machinery industry’s exports reached $17.1 billion in 2019 and reaching $34 billion in 2023
-- $11 billion export was realized in the field of Electronics ( TV , Refrigerator, Washing Machine , etc ) in 2019
-- Turkey is ranked 4th in the global list for healthcare tourism in terms of the number of patients it serves and comes 3rd in terms of the revenue it generates from healthcare tourism
Turkey eyes around 2 million medical tourists and $20 billion revenue are expected by 2023
-- Turkey brought in $5 billion from residential property sales to foreign buyers every year
-- Turkey ranks 2nd in Europe for steel producing after Germany
-- Turkey ranks 3rd exporting Countries of Textile and Apparel Industry in Europe after Germany and Italy
-- Chemistry, Iron, Furniture, Air Conditioning, Cement, Defense, Carpet and Ship and Yacht sector exports tens of billions of Dollars
-- Turkey has a total of 3.3 billion tons of Boron ( $1,4 trillion ) equating to 73% of the world's total reserves, which puts Turkey as the world's number one country holding the biggest boron reserves and controls about 59% of the boron market in the world
-- Turkey develops its own Cars including SUV and Indigenous Cars to add $56 Billion to Turkish economy in 15 years
-- Turkey develops its own weapons and working with the US and the UK for military projects
-- Turkey buys oil and gas from Russia,Iran,Azerbaijan,Qatar,Algeria,etc , not from Europe
and American AN/TYP-2 Radar in Kurecik Radar Base in Turkey which is most important part of NATO's Air Defense to protect Europe from Iranian and Russian Ballistic Missiles
also Europe should say thanks to Turkey who saved Europe from 4 million Syrian refugees
and GDP PPP by Countries
-- The UK $2,97 trillion
-- France $2,86 trillion
-- S.Korea $2,3 trillion
-- Turkey $2,25 trillion
-- Italy $2,24 trillion
so attack on Turkish Economy , that means attack on European companies which invested around $150 billion in Turkey
also attack on Turkish Economy , that means attack on French , Italian , Spanish , German and British Banks
European Banks have an $161 billion exposure to Turkish debt
Spain : $80,9 billion
France : $35,1 billion
Italy : $18,5 billion
UK : $16,9 billion
Germany : $12,7 billion
attack on Turkish economy will look certain to push the Turkish economy into recession and it may well trigger a banking crisis in Europe
This would be another blow for the Eurozone and the lights in Europen Banks turn off as well as
the EU is broke since 2008 , still European Economy is not a revival
and Germany can not save Italy , Spain , Greece and others
-- €145 billion for Turkey
-- €700 billion for Italy
-- €750 billion for Spain
I am saying again , attack on Turkish economy will look certain to push the Turkish economy into recession and it may well trigger a banking crisis in Europe
so Europe can do nothing against Turkey
Turkey has the longest coastlines in the Eastern Mediterranean and Turkey never will allow Bandit Countries to steal oil/gas reserves from the Turks in the Eastern Mediterranean
if the EU is smart , then the EU should work with Turkey