Turkey: Rising Prices, Hard Choices
The Turkish lira slides on currency markets as the country prepares for a snap election - but are voters even thinking about the tough economic policies that may be needed?
The Turkish lira slides on currency markets as the country prepares for a snap election - but are voters even thinking about the tough economic policies that may be needed?
Ed Butler reports from Istanbul, where the mood is pensive, and businessmen fret over rising costs and the prospect of harder times once the government's pre-election spending splurge is over. But will President Erdogan win the day and extend his 16-year rule further? And whoever wins, will they do what's needed to stabilise the currency and rein in the country's ballooning debts?
Producer: Laurence Knight
(Picture: The spice market in Istanbul; Credit: 麻豆社)
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- Wed 20 Jun 2018 07:32GMT麻豆社 World Service except News Internet
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Business Daily
The daily drama of money and work from the 麻豆社.