Economic developments in Turkey 'causing great concern': Germany's Maas
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/11/2026
- Wall Street posts weekly gains with earnings, inflation data on tap
- Oil prices settle higher as more production shut ahead of hurricane
- Apple cuts iPhone 18 Pro orders due to soft demand, Nikkei Asia reports
- UBS flags level in gold prices where dip buyers will likely emerge
- Telecom stocks tumble on SpaceX spectrum acquisition news
Tweet
Share
E-mail
German Foreign Minister Heiko Maas attends the weekly cabinet in Berlin, Germany, July 18, 2018. REUTERS/Fabrizio Bensch
BERLIN (Reuters) - German Foreign Minister Heiko Maas said on Monday that Turkey's economic situation was causing great concern and that Ankara could do more to improve diplomatic ties with both the United States and Germany which would also ease its economic woes.
"Yes, the developments that are currently going on in Turkey are causing great concern," Maas said during a news conference in Berlin when asked to comment on Turkey's economic situation.
Turkey's relations with United States and Germany have been strained by its decision to arrest several citizens from both countries. Maas said that resolving differences between Turkey and its two NATO allies could help ease its economic crisis.
"I believe that would help to facilitate a solution, including to the economic problems," Maas said.
(Reporting by Michael Nienaber, editing by Joseph Nasr)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- China, EU reach "understanding" on hybrid vehicle trade after marathon talks
- FBI arrested suspected ShinyHunters co-conspirator, Patel says
- Anthropic launches dashboard, animation tools for Claude
Create E-mail Alert Related Categories
General News, ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
