Economy

Fans of Turkey's Erdogan push French newsstand to remove ad

Fans of Turkey's Erdogan push French newsstand to remove ad

Another poster of the front cover - a portrait of Erdogan with the headline "The Dictator". Further political uncertainty as Erdogan tries to maintain his so-far firm grip on power is likely, while the temptation to interfere further with the central bank could rise if economic growth falters.

"You can not put a price on freedom of the press, without it, it is dictatorship", he added.

The lira has lost nearly 13 percent in value over the last month alone as controversial comments by President Recep Tayyip Erdogan about monetary policy added to anxiety over the broader health of the Turkish economy.

Turkish officials reacted nearly immediately to the labeling of the top Turkish official.

"We know these attacks".

Investors who met with Governor Murat Cetinkaya and Deputy Prime Minister Mehmet Simsek on Sunday in Turkey said Cetinkaya had indicated that the central bank might move towards more orthodox policy.

More news: Kolkata: Army sends dead soldier’s body fluids for Nipah virus test

The lira has lost 16 percent of its value against the greenback in a month as markets became jittery after Erdogan indicated he wanted a greater say in monetary policy if he won legislative and presidential elections on June 24.

France and other Western European governments have repeatedly condemned the Turkish government's detentions and civil service purges of tens of thousands of people after the failed coup attempt.

The report in March this year also warned about "a continued erosion of the rule of law and deterioration of the human rights situation", including the arrests of hundreds of journalists and opposition members. Christophe Deloire, director of media watchdog Reporters Without Borders, said: "We must not accept the importation of dictatorial behavior".

Macron waded into the debate, calling the harassment "totally unacceptable".

"We are not going to tolerate in France that the front cover of a magazine be somehow censored under pressure", he told the France 3 channel on May 27.

Around three million expatriate Turks are allowed to vote in the elections next month, including 1.4 million in Germany, and they are seen as a valuable source of support by Erdogan's party.


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