Tuesday, July 07, 2015

Turkish economy hit by Greek crisis | The Sofia Globe

Turkish economy hit by Greek crisis
Written by Dorian Jones of VOANews on July 6, 2015 in Europe - Comments Off on

Turkish financial markets are among the worst hit in the face of its Greek neighbor’s troubles and the Turkish lira has hit record lows. The impact is seen as a sign of growing vulnerability in the Turkish economy, which is already under pressure from rising border concerns with Syria, and efforts to form a coalition government.

The fear of growing financial problems is compounded by the fight against Islamic State and instability in neighboring Syria.

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