Investing

Erdogan condemns German remarks on investing in Turkey

Turkish president blasts German economy minister’s remarks ‘aimed at frightening companies investing’ in Turkey









By Guc Gonel, İsmail Ozdemir

ISTANBUL

Turkish President Recep Tayyip Erdogan on Friday strongly condemned the “baseless remarks” on investing in Turkey by the German economy minister.

“I strongly condemn the German economy minister’s baseless […] message aimed at frightening companies investing in my country,” Erdogan said in Istanbul.

Erdogan said that Turkey’s National Intelligence Agency and the Interior Ministry had told him there was no investigation against German companies operating in Turkey.

German media reported on Friday that Wolfgang Schauble had compared Turkey to communist East Germany in an interview.

Germany’s Foreign Minister Sigmar Gabriel said on Thursday that Berlin would not encourage German businessmen to invest in Turkey, nor would it provide investment guarantees to German companies.




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