AUSTERLITZ
SENIOR MEMBER
- Joined
- Jun 10, 2008
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- 6,025
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75%-80% FDI into turkey comes from EU and USA.Its tourism depends to a major extent on travellers from these regions and EU accounts for 45% of its exports(foreign trade being ~ 50% of its GDP).So erdogan rhetoric about moving away from europe is just classic populist wishwashing.In case of a major rift with europe due to erdo fanaticism,both would suffer a bit,but effects on turkish economy would be devastating.