We talk to Laura Lale Kabis-Kechrid of the German Council on Foreign Relations on the economic and political developments in Turkey and how they are affecting young businesspeople there.
Recep Tayyip Erdogan has won every election in Turkey for the past 16 years. The current economic crisis means he is now in danger of losing his parliamentary majority — and re-election as president is far from certain.
Voting for Turkish voters abroad is underway. But as a visit to the polling station at Berlin's Turkish consulate found, opinion on the future of Turkey and President Recep Tayyip Erdogan is divided.
Turks living in Germany will be able to vote in their home country from this Thursday. Some German politicians fear that many are being pressured to vote for Erdogan and his party.
Turkish leader Erdogan has recently called on his compatriots to convert their dollar and euro savings into lira. But economist Per Hammarlund says many Turks will continue to save in dollars and other hard currencies.
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