NATO Member Turkey Breaks Ranks: Slams EU Austerity, Offers Greek Aid

Tyler Durden's picture

While perhaps not on the scale of China or Russia assistance, Turkey has thrown its hat into the Troika-Greece farce by offering financial assistance to its embattled neighbor. As ekthimerini reports, "We are ready to help Greece survive its economic crisis with cooperation in tourism, energy, trade," Turkish Prime Minister Ahmet Davutoglu said and Turkey's left-wing parties showed solidarity by adding, "we believe that apart from imposing austerity policies on peoples of Europe, there can be more reasonable agreements." While no aid has been asked fro Turkey says it is ready to evaluate options.

As ekathimerini reports,

Turkey on Tuesday said it was "ready to help" Greece out of its escalating financial crisis as its embattled neighbor edged closer to default.


"We are ready to help Greece survive its economic crisis with cooperation in tourism, energy, trade," Turkish Prime Minister Ahmet Davutoglu said in the capital, Ankara.


"We want Greece to be strong... Therefore Turkey will be positive toward any proposal for cooperation," he said in televised comments.


Davutoglu added that a Turkish delegation would travel to Greece for a high-level cooperation meeting as soon as possible to consider joint steps on the financial crisis.




Turkish Economy Minister Nihat Zeybekci said on Monday if an official proposal for financial aid is made by Greece, "we will evaluate it."


Turkey's left-wing and Pro-Kurdish Peoples' Democratic Party (HDP) also issued a message of solidarity with Greece, saying: "We are together with the Greek people and their government in their struggle for justice, equality and democracy and against austerity."


"We believe that apart from imposing austerity policies on peoples of Europe, there can be more reasonable agreements, which will be acceptable," said the co-chairs of HDP, considered the Turkish equivalent of Greece's ruling SYRIZA party.

It seems Greece has friends after all, and as we 'joked' previously:

Perhaps Turkey will provide the DIP?

Meanwhile, work goes on with other options... Greece hasn’t sought aid from Russia, support wouldn’t hurt, Energy Minister Panagiotis Lafazanis tells in intw with Russia’s state TV channel Rossiya 24.

  • Lack of money from EU isn’t end of world
  • Greece expects EU to be reasonable, sees too much pressure from Brussels now
  • Lafazanis reiterates that accord with Russia on gas link isn’t aimed at Europe
  • Greece might get “hundreds of millions of euros” from Russian gas transit after link starts in 2019

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Soul Glow's picture

Turkey has no money to help Greece?  Wo are they fucking joking?

This is it's picture

Wow, either it's a black swan or just another rumor.

CrazyCooter's picture

Turks and Greeks have a very long history of not liking each other ... not sure how to look at this bit ...



TeamDepends's picture

Silver just said, "I'll be bock".

greenskeeper carl's picture

cue an ISIS related terrorist attack on some soft target in turkey...


"thats a nice country you guys got there, be a real shame if something bad happened to it"

Herd Redirection Committee's picture

Greeks and Turks getting along?   What next, a joint vacation to Israel?  I'll believe it when I see it, although I do think the Greeks and Turks have a lot more in common than they like to think, history has muddied those waters tremendously.

TeamDepends's picture

Well, Erdogan says he wants to invade Jerusalem so....

Bobbo's picture

Turkey to aid Greece?  Like they aid Syria?

HEY !! Send In the Clowns !!

HowdyDoody's picture

Beware of Turks bearing gifts.

Bobbo's picture

I cannot recall a time when Greece and Turkey aided one another.  Owned, for sure.  Aided, doubtful.

Dead Canary's picture

Wake up people. Russia want's to help Greece but that would create a big stink. So they use Greece as PROXI! Hey it works for Washington.

El Vaquero's picture

Yessir, Mr Cooter.  I'm a bit confused here.  I would say "Now I've heard it all," but I have this sneaking suspicion that we're just getting started with the crazy.

M.B. Drapier's picture

I think Turkey may actually be trolling Greece here... ;)

knukles's picture

I think that Greece and Turkey both are bloody well tired of the West's shoving crapola down their collective throats as tools and pawns.
Why not as in "F* American Imperialism" as the catch all to push back against the "West" (Anglo-American, etc) as stated by that Kraut politician


And you betchur life that some other powers with interests in the region are not stroking countries such as Greece, Turkey and Saudi Arabia. 
                                                      Now who could that be?

LawsofPhysics's picture

Hey knuckles, the Turks can sell their treasury holdings as well...


KnuckleDragger-X's picture

That's what I'm wondering about. I get the feeling that Russia is doing a little sub-rosa pump priming......

Dominus Ludificatio's picture

Everybody wants some of those islands and since Greece has so many of them ,even the poor and former enemies see an opportubity especially when they are at your doorstep like Turkey.

rbg81's picture

I'm sure the Turks would be happy to take care of the Greeks under the umbrella of a new Ottoman Empire.  At this point, the Greeks are sufficiently addicted to Government handouts that they might just go along with it.

Kirk2NCC1701's picture

Beware of Greeks... er, Trojans bearing gifts. 

What help could Trojans possibly offer?  Hmm...

swmnguy's picture

Beware of Greeks wearing Trojans?

WTFUD's picture

Turkey has the 17th largest GDP in the World and unlike the west it's growing ( deals with Russia & China Pipeline/Transit and silk road project and AIIB )
Their debt to gdp is approx. 40%.

In comparison to the EU we have Italy with a gdp to debt of 140%. Wont bother to mention the rest of the PIGS Merde.

Herd Redirection Committee's picture

Germany, Turkey and Russia, working together (w/ possibly Iran/Persia), could control the better part of Central Eurasia, taking both the Suez Canal and Strait of Hormuz (the two most critical bottlenecks in the region, not currently in these nations' control).

KanKhaderKhanKan's picture

Well the Turks do buy/use alot of gold to facilitate their trade with Iran, I suppose this is what they mean (ie join their system) and am sure the Russians can chip in too.

farflungstar's picture

Surely with some strings attached?

Winston Churchill's picture

I just saw a pig flying south. Someone tell me what it all means ?

CrazyCooter's picture

In a private jet? Hitlery is campaigning.



Winston Churchill's picture

It wasn't on a broomstick, so I doubt it was Hitlery.

large_wooden_badger's picture

Activate all Turskish operatives for implending false flag attack

orez65's picture

What a bunch of BS, Greece and Turkey are enemies of each other!

CrazyCooter's picture

The north and south got along after the CW when the north offered to rebuild the south ... right? Let's have a beer and forget about it!



Buster Cherry's picture

Didnt see a sarc tag there, so I'll throw in that it took a couple generations in some areas of the US for people to be able to tolerate.the fucking carperbagger scum.

The 4th of July was not celebrated in Vicksburg until after the Japs surrendered.

CrazyCooter's picture

It was sarc. The turks and greeks have a long history of hating each other, so that was the paralell I was painting for those that might not have a reference point.



topshelfstuff's picture

also possible that Turkey got a secret OK from EU heads, because Bottom Line: the EU is not going to let Greece exit...but they gotta Bluff, play it hard, make it look real, etc.

But, with the Line already forming with Portugal, Ireland, Span and even Italy <who also had entered with a similar fake biikeeeping, all positioning really, when you think about it, and apparently some Greeks did, they'll get some kinda created SAVE

Buster Cherry's picture



Have a great 4th....I'm going to spend mine remembering July 1969.

topshelfstuff's picture

"""""remembering July 1969.""""

seeing you said thia, I just had to comment

recently I've been thinking back to the very same year no other year

I believe only those who are now 60-70ish y/o would understand

Buster Cherry's picture



When I was a teenager back in 1976 I worked for a Greek gas station owner. There was a spat between Greek and Turkish Cypriots and all the owner could say was what vermin the Turks were.

I had no idea the depth of acrimony that existed between the two.

janus's picture

very true...and thank you.  i had it in mind that it was corsica; but you're correct, the war still rages in cyprus, the turks have come down with a feverish case nuvo-ottomania, greek anime viz the turks stays white-hot...this is more an under-handed (and somewhat sinister) insult than legitimate offer of aide, and turkey would love nothing more than to settle some olde scores.

it's like a little wink.  the turks would love to see the greeks accept 'aide' from russia.  let's not forget that it was the cypriot banks wherein russia's hot-money got 'impaired'. greece is just fucked in such a stupendous fashion it's hard to fathom.

oh, well...that's what happens when you let a bunch of communists chase out all your most productive and enterprising citizens.  thanks, commies...greek-americans have been a boon to this nation; and they left the dreck behind to wallow in their indolent workers' paradise.  

and now amorica is pushing guys like us out.  someplace is going to substantially benefit from our domestic bolsheviks' devilry.  i'm guessing europe & s. america will be happy to welcome a horde of hard-working, law-abiding and highly-civilized people of integrity.  because we sure-as-shit aren't welcome here.

p.s. janus will not be celebrating the 4th this year.  i think i shall instead fast and pray that God Almighty smites this land with a curse.

Malachi ch. 4:5-6

"Behold, I am going to send you Elijah the prophet before the coming of the great and terrible day of the LORD. 6"He will restore the hearts of the fathers to their children and the hearts of the children to their fathers, so that I will not come and smite the land with a curse."

on second thought...just go ahead with the curse, Lord.  i've had it with this vile and disgusting country.

in the meantime, amorica: just go back to your video games, sporting events, politics and hydrogenated's best for all concerned if you remain in your somnambulance and stupefaction. 



NihilistZero's picture

It's Realpolitik+Game Theory in action.  One of the reason I don't believe we're doomed to an NWO dystopia is that TPTB in the .001% still seek their seperate interests.  The conspiracy can only go so far as those interests align.  The closest we ever got was the 20th Century Communist movement and it split in half (Sino/Soviet) within a few decades and was all but extinct by the 80's.  It turns out running a Dystopian/Totalitarian regime is a lot of work that doesn't pay off.  Zee Geman financial power is finding creating a soft dystopia to be equal folly... 

Herd Redirection Committee's picture

Random thought for the day: "Anthony Sutton's "conclusion from his research on the issue was that the conflicts of the Cold War were "not fought to restrain communism", since the United States, through financing the Soviet Union "directly or indirectly armed both sides in at least Korea and Vietnam"; rather, these wars were organised in order "to generate multibillion-dollar armaments contracts", same as the Space Race...

Thats why they love fascism, because it parlays influence into wealth.  Can't keep up with those damn free market capitalists, so you organize government subsidies for your own industries  (reminds me of a certain Elon Musk, TBH)

bpj's picture

was the "of each other" necessary

researchfix's picture

Needs only a common greater enemy.

XAU XAG's picture
  • Greece might get “hundreds of millions of euros” from Russian gas transit after link starts in 2019


Might get...........................Bait


Millions of Euros..........................They need Billions

steelrules's picture

Historic enemies, interesting!


lakecity55's picture

Possible major re-alignment geopolitically coming up.

44_shooter's picture

What was that old joke about Greece helping Russia attack Turkey in the rear?