Turkey: This step reveals how unhealthy Erdogan's financial system actually is | EUROtoday

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Turkey is preventing towards horrendous inflation. Shortly earlier than the native elections, the central financial institution raised the important thing rate of interest to 50 %. The sudden step was in all probability obligatory for a number of causes. The upcoming election can be more likely to be a vote on Erdogan's financial course.

https://www.welt.de/wirtschaft/plus250708306/Tuerkei-Dieser-Schritt-zeigt-wie-schlecht-es-um-die-Erdogans-Wirtschaft-wirklich-steht.html