again this is little money nothing to worry about for the EU...
Turkey constantly overestimate its importance or influence...
The EU bailout Greece with 344.1 billion € together with the other reciver states the EU used 554.6 billion € to bailout 5 states... with NO effect on the economy on the EU member states...and u belive $161 billion (145 billion €) would have any effect on the EU...how naive are you?
-- Turkey saved Europe from 3,5 million Syrian refugees
-- American AN/TYP-2 Radar out of Kurecik Radar Base in Turkey which is most important part of NATO's Air Defense to protect Europe from Iranian and Russian Ballistic Missiles
Europe should say thanks to Turkey
and if you are so ignorant , its your problem
Greece was never bailed out ..... Greece remains a debtor's prison and the evidence is everywhere to be found that Greece is slowly dying under its EU induced euthanasia and pathetic Greece to remain a European Colony until 2060
the EU is broke since 2008 , still European Economy is not a revival
and yes $161 billion (145 billion €) would have any effect on the EU ( especially Spain and Italy which still has the highest unemployment rate in Europe )
Europe's malaise could have dangerous ripple effects. another wasted decade would deprive more young people of work and feed political instability
the next euro crisis could come from Italy and Spain
European banks are exposed to Italian debt ( over €700 billion ) much of it government debt
Italy owes $2.3 trillion in public debt. That's around 133% of its GDP which is massive ratio that puts it in the top 5 in the world
European banks are severely exposed in the event of anything going wrong in Italy
France is in the hole for a potential €285 billion while German, Spanish, British and Belgian banks also have cause for concern
even I am not talking about Spain. a decade on, Spain still haunted by economic crisis and there will be a new economic crisis before 2023. so million Spaniards moved abroad in search of a better life
foreign banks lent Spain more than €750 billion
stop dreaming with your broke the EU ... 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
This would be another blow for the Eurozone and the lights in Europen Banks turn off as well as