DW:Turkish economy in free fall
Deutsche Welle news agency reports on the barbs of the Turkish president levelled against financial markets, rating agencies and his central bank, as well as the suffocating pressures on the Turkish economy.
Deutsche Welle news agency reports on the barbs of the Turkish president levelled against financial markets, rating agencies and his central bank, as well as the suffocating pressures on the Turkish economy.
The yield of the 10-year Greek bond jumped 2.91% to 4.5% after leaks that the “North League” and “Five Star” parties in Italy, both strong anti-European, had reached an agreement based on their political platforms.
“We needed to stay up late last night and continue today,” said Greek PM Alexis Tsipras from Sofia, referring to his talks with FYROM Prime Minister Zoran Zaev.
The IMF spokesperson Gerry Rice said the organisation had open differences with its European partners regarding the debt relief on the Greek programme stressing time was running out for the Fund to decide on taking part in the Greek programme.