Erdoğan plays high-stakes game with Turkey’s economy
The Turkish offensive into northeast Syria is likely to result in economic volatility due to the threat of revenge attacks and possible U.S. sanctions hanging over the already struggling economy.
Turkey’s economy has been suffering since limited U.S. sanctions and increased tariffs on metals sparked a currency crisis last year. Unemployment is stubbornly high – around 20 percent - the lira is still weak, while many companies and banks are saddled with high levels of debt.
More:Erdoğan plays high-stakes game with Turkey’s economy | Ahval