Why is Turkey falling into an economic abyss?

19.07.2018 11:12|Conotoxia.com

Author: money.pl
Address: https://www.money.pl/gospodarka/lira-turecka-waluta-rekord-wakacje-prezydent
Date: 18.07.2018

"The record weak currency and rampant inflation illustrate the disastrous state of the Turkish economy. This is also confirmed today by the fact that the rating has been downgraded deeper to a junk level. What is worse, the available data indicate that the economic situation by the Bosphorus will deteriorate even further," writes Marcin Lipka, Conotoxia Senior Analyst.

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