Erdogan's March to Absolute Power Has Berlin's Blessing

The transcript discusses the increasing powers of Mr. Erdogan in Turkey, particularly in relation to the EU's need for Turkey's cooperation on the refugee crisis. It highlights Erdogan's growing authoritarianism, comparing him to Vladimir Putin, and the challenges this poses for Western investors. The economic section focuses on Turkey's reliance on foreign capital and the potential impact on its currency. Additionally, the transcript addresses the pressure on Turkey's central bank to lower interest rates, contrasting Turkey's economic situation with Russia's more stable financial environment.

What was the main purpose of the deal crafted by Angela Merkel with Turkey?

• To enhance trade relations

• To manage the refugee crisis

• To promote tourism

• To support Turkey's EU membership

How is Erdogan's leadership style perceived in terms of democratic values?

• Supportive of free speech

• Neutral towards democratic values

• Restrictive towards free speech

• Encouraging of press freedom

Why is Turkey considered geopolitically important despite challenges?

• Due to its large population

• Because of its strategic location

• Because of its natural resources

• Owing to its technological advancements

What is a significant economic challenge faced by Turkey?

• Dependence on foreign capital

• Lack of natural resources

• Low literacy rate

• High unemployment rate

In comparison to Turkey, why is Russia considered a more stable place for investment?

• Weaker currency

• Lower current account surplus

• Greater yield and political stability

• Higher political instability