Turkey’s Inevitable Recession (Part II) – Analysis
May 4, 2019 Claudio Grass 0 Comments
By Claudio Grass
Spillover effects
Turkey’s debt problem, coupled with the plummeting lira, is arguably the most important risk factor for the nation’s economy. To make matters worse, far from it posing a threat just to Turkey itself, it also has the potential to inflict significant damage elsewhere too, starting with key economies in the Eurozone.
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