Turkey’s Finance Minister Promises Action to Stabilize Financial Markets
Mehmet Simsek, Turkey’s Finance Minister, committed to taking decisive action to stabilize financial markets. This statement came during a teleconference with stakeholders organized by Citigroup Inc. and Deutsche Bank. The promise comes on the heels of recent political tensions, following the detention and subsequent arrest of Istanbul’s Mayor, Ekrem Imamoglu, a key political figure in Turkey.