Ukraine in Arabic | Political debates in Turkey and Greece
05.03.2015 - 15:39
The recent interest rate cut in Turkey and the latest kiss of life to the Greek economy have been the source of intense debate within both those countries and beyond. Kiev/ Ukraine in Arabic/ For months the Turkish central bank had been resisting an interest rate cut. However, they made the move last week despite the Turkish president’s opposition and renewed criticism of central bank policymakers.
The Turkish lira is at record low levels against the dollar and some economists are now sceptical about the extent of the Turkish Central Bank’s independence.