“President Erdogan’s statements to President Macron are unacceptable,” Conte wrote in French in a message posted on Twitter.
“All we can say about a head of state who treats millions of members of different religious communities is: go first and take mental health exams,” Recep Tayyip Erdogan said in a televised speech on Saturday. , referring to Emmanuel Macron.
“What problem does the man named Emmanuel Macron have with Islam and Muslims?” The Turkish president expressed his indignation.
On Wednesday, in a tribute to Samuel Paty, the beheaded history-geography teacher at Conflans-Sainte-Honorine after showing his students at classes on freedom of expression, caricatures of the Prophet Muhammad published by Charla Hebdo’s satirical magazine, Emmanuel Macron, promised “not to give up caricatures” in the name of freedom of expression.
President Erdogan has said that Emmanuel Macron has a problem with Muslims and that he must check his “mental health”, statements that led to the recall of the French ambassador from Ankara.
“As they say Do not buy Turkish products in France, I urge all my citizens never to buy French products again,” Erdogan told Reuters.
France ranks 10th among countries where Turkey imports products and 7th among exporting countries to the Turkish economy, according to the Turkish Institute of Statistics. French cars are among the best-selling cars in Turkey.
The French head of state ordered swift “concrete actions” against radical Islamist propaganda online and “called for swift action and no respite for those organizing to oppose the republican order,” the Elysee Palace said at the end. a meeting with six ministers and the national anti-terrorist prosecutor, Jean-François Ricard.
History and geography teacher Samuel Paty, 47, was beheaded near the college where he teaches in a quiet neighborhood of Conflans-Sainte-Honorine on the western outskirts of Paris. The attacker, Abdoullakh Anzorov, an 18-year-old Russian refugee of Chechen origin.
Turkey’s currency depreciates to a record high, trading for eight pounds against the dollar for the first time, deteriorating relations with France and the US adding to fears over how Turkish President Recep Tayyip Erdogan manages the economy affected by the coronavirus pandemic (Covid -19), writes Reuters.
On Monday morning, the Turkish currency was trading at 8.0515 pounds / USD, after on Friday it was trading at 7.9650 pounds / USD. The pound also reached a record low against the euro, trading at 9.50 pounds / EUR.
The Turkish lira depreciated by 1% on Monday and since the beginning of the year the loss is 26%. Turkey’s financial markets are also under pressure and the Istanbul Stock Exchange’s Bist 100 index fell 2% on Monday.
Recep Tayyip Erdogan on Sunday defied Washington’s threats of possible sanctions against his country following the acquisition and testing of Russia’s S-400 anti-aircraft systems. “Whatever your sanctions, do not delay to apply them,” Erdogan said in a televised speech in Malatya. “You tell us to send back (the missiles) S-400. But we are not a tribal state, we are Turkey, “he added.
The United States has warned that relations with Turkey, an official ally in NATO, could suffer severely from recent S-400 missile tests by the Turkish military, with Washington even pushing for sanctions.
Also on Saturday, the Turkish president virulently criticized the attitude of his French counterpart Emmanuel Macron towards Muslims, going so far as to question “his mental health”, and called for “a boycott of French products in Muslim countries”.
Tensions between Turkey, the European Union and the United States have exacerbated fears about how Recep Tayyip Erdogan manages the economy. In recent years, the Turkish president has gained unprecedented control over the country’s institutions, including the Central Bank of Turkey (CBRT).
The institution disappointed investors last week, defying hopes that it will raise the interest rate to 12%, a decision that analysts say would have helped boost the Turkish lira and restore investor confidence. Instead, the CBRT maintained the interest rate at 10.25%.
Last month, Moody’s Investors Service downgraded Turkey’s rating from “B2” to “B1”, warning that the country’s external vulnerabilities are likely to result in a balance of payments crisis and erode fiscal reserves. .
Moody’s also maintained the negative outlook attributed to Turkey’s rating, appreciating that fiscal indicators could deteriorate faster than currently estimated, notes Reuters, taken over by agerpres.ro.
“As the risks to Turkey’s lending profile increase, the country’s institutions appear unable or unwilling to effectively address these difficulties,” the agency said in a statement.
The financial rating agency Fitch also revised Turkey’s rating outlook from “stable” to “negative”, saying that the decline in foreign exchange reserves and the weak credibility of monetary policy have exacerbated foreign financing risks.
In parallel, Fitch confirmed Turkey’s country rating at “BB minus”, three steps below the investment grade level (-recommended for investments-no).
Fitch forecasts that Turkey’s economy will contract by 3.9% in 2020, but will return to 5.4% growth in 2021, supported by the return on investment and tourism as well as boosting exports.