Turkey Policymakers Meet at 8:30 a.m. to Calm Markets After Court Ousts Opposition Leadership
Updated
Updated · Bloomberg · May 22
Turkey Policymakers Meet at 8:30 a.m. to Calm Markets After Court Ousts Opposition Leadership
3 articles · Updated · Bloomberg · May 22
Friday’s 8:30 a.m. meeting in Istanbul will bring together Turkey’s top economic officials to weigh steps to contain market turbulence after a court ordered the removal of the main opposition party’s leadership.
Finance Minister Mehmet Simsek is convening the Financial Stability Committee, which said it aims to preserve the “efficient, healthy and seamless function” of Turkish markets.
The emergency talks underscore how a political court ruling has quickly become a financial-stability issue, putting investors’ focus on whether Ankara moves to steady trading conditions.
As political risk skyrockets, can foreign investors still trust Turkey's markets?
Can Mehmet Simsek's economic plan survive Turkey’s escalating political crisis?
After a 'judicial coup' topples its leadership, what is the opposition's next move?