Turkey’s shameful secret: Economic research silenced

The ruthless crack-down on free press in Turkey is well-documented. It reached a pinnacle, when the last main-stream media outfit, Dogan Holding was forced to sell its media assets (Hurriyet and Posta dailies, as well CNNTurk and Kanal D) to notoriously pro-government Demiroren Group.

Recently, authorities also took up the nasty habit of arresting hapless citizens for careless remarks or postings in social media.

Less well-known is the pressure applied on economist and securities analysts by AKP and their own bosses to turn a blind eye to negative developments.

In a recent article, Bloomberg raised the issue, consulting 10 analysts. The results are shocking: Turkish citizens are kept in absolute dark about true economic developments, and worse about the true value of their financial assets.

A Big Chill Has Silenced Turkey’s Market Analysts – Bloomberg

CHP EU Representation

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