
Erdoğan signals economic U-turn in picking orthodox Şimşek – EURACTIV.com
President Tayyip Erdoğan signalled on Saturday (3 June) his newly-elected government would return to more orthodox economic policies when he named Mehmet Şimşek to his cabinet to tackle Turkey’s cost-of-living crisis and other strains. Şimşek’s appointment as treasury and finance minister could set the stage for interest rate hikes in coming months, analysts said –…