Erdogan administration asks shops to cut prices in radical approach to inflation | Financial Times

Turkey asks shops to cut prices in radical approach to inflation

State-mandated 10% discount on goods and services marks new move to rein in costs
Turkish Finance Minister Berat Albayrak speaks during an event in Istanbul to announce his programme to fight inflation © Reuters

Turkey’s finance minister has set out a new approach to tackling the country’s soaring inflation — urging the nation’s shops and businesses to give consumers discounts to keep prices in check.

More:Turkey asks shops to cut prices in radical approach to inflation | Financial Times

from Turkish Digest https://ift.tt/2yaIXTS
via CHPEU

About CHP EU Representation

The CHP was founded on 9 September 1923, about one and half month before the proclamation of the Republic of Turkey. The first President of modern Turkey’s oldest party was M. Kemal Atatürk. Today CHP is a social-democratic party, member of the Socialist International and associate member of the Socialist Group at the European Parliament. The scope of the CHP bureau in Brussels is not limited to the bilateral framework of Turkey's EU accession process. Issues such as the information society, energy policies, social development, climate change, international trade and security are among the different focus areas. The EU-Turkey relations are about integration and need multiple, plural and horizontal channels of communication. The CHP supports and promotes Turkey's EU membership process also by being more present and active in Brussels The CHP's Representative to the EU is Ms Kader Sevinç who previously worked as an MEP advisor at the European Parliament and in the private sector.
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