You are here

Turkey's weak economy exposed after referendum

Unemployment hits 7-year peak in early 2017 while the budget deficit rises, underlining the challenges for nation

BT_20170418_NSTURK18_2843863.jpg
The referendum will bring the biggest overhaul in Turkish politics since the founding of the modern republic, abolishing the post of prime minister and concentrating power in the hands of President Erdogan (above).

Istanbul

SUPPORTERS of Recep Tayyip Erdogan waved flags in the streets while opponents banged pots and pans in protest in their homes, after a narrow referendum victory gave the Turkish president sweeping powers and laid the nation's divisions bare.

The referendum will bring the

sentifi.com

Market voices on:

Powered by GET.comGetCom