What's going on in Turkey?

Turkey has fallen into its first recession for a decade, giving President Erdogan a blow at a time when the country is getting ready to go to this month's local elections.

Bloomberg” has analysed Turkey's economic indicators, where it turns out there is a contraction of the Bruto Internal Product.

For investors, concern is that Turkey may face a long road to recovery, while foreign capital will be reduced when households and companies start paying off debts. <

Economists think that unlike Turkey's previous recoverys, there is danger that recovery will be slower this time.

The entire Turkish economy could face major pressures.

But even though it is projected to have a slower recovery, thankfully, according to European economists, the growth potential is high. /The topic/