The Limited Times

Now you can see non-English news...

In Turkey, dismissals amid recession

2020-11-12T08:41:56.080Z


DECRYPTION - Erdogan's son-in-law, Minister of Finance, and the governor of the central bank were dismissed by the "Sultan". Under his rule, the economy is sinking into crisis, as evidenced by the collapse of the Turkish lira.


From our correspondent in Istanbul

It was Recep Tayyip Erdogan's hobbyhorse.

The reason for his political rise.

Eighteen years after the rise to power of his Islamo-conservative AKP party, the Turkish president has failed to revive his country's long-prosperous economy.

Read also:

French companies in the sights in Turkey

While the Turkish lira collapses, that investments are at a standstill, that his geopolitical provocations shake foreign markets, Erdogan sacrifices his men for lack of a solution.

In the space of last weekend, two heads fell one after the other.

That, first, of the governor of the central bank, Murat Uysal, whose dismissal was made public by decree in

the Official Journal

, then that of the son-in-law of Erdogan and Minister of the Economy, Berat Albayrak, including the "Sultan "Accepted the resignation, announced on Instagram"

for health reasons

", only 24 hours later.

"

The hecatomb is symptomatic of the turmoil in the Turkish economy, but also of centralization

This article is for subscribers only.

You have 79% left to discover.

Subscribe: 1 € the first month

Can be canceled at any time

Enter your email

Already subscribed?

Log in

Source: lefigaro

All news articles on 2020-11-12

You may like

News/Politics 2024-02-05T10:31:08.061Z
Business 2024-02-03T05:20:48.841Z
News/Politics 2024-02-03T11:50:18.762Z

Trends 24h

News/Politics 2024-03-28T06:04:53.137Z
News/Politics 2024-03-28T05:25:00.011Z

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.