TURKEY Financial volatility and political uncertainty crush the Turkish economy

Financial volatility and political uncertainty crush the Turkish economy

For the first time in a decade experts suggest a contraction of 1.5%.  For the following year, a slight trend reversal, with growth of just over 2%.  Analysts highlight the risk of “recession with double relapse”.  Fears for the central bank’s independence.

More:TURKEY Financial volatility and political uncertainty crush the Turkish economy

from Turkish Digest https://ift.tt/2YYkY5N
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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