Turkey asks Germany for economic help

[xenon54 out]

One of the articles say Tourism is one of the most important sectors in Turkish economy but lets look at the facts.

Turkey generated $31.5 billion from the tourism industry in 2015. The sector’s direct contribution to Turkey’s GDP was 6.2% in 2015.

GDP - composition by sector:
agriculture: 8.1%
industry: 27.7%
services: 64.2% (2015 est.)

Source: CIA World Factbook - This page was last updated on October 8, 2016

 

[Deliorman]

So first Greece asked Germoney for help, then it was Italians and half of the countries in Southern Europe (who were bailed out with hundreds of billions of euros provided by Germany) and now Turkey is on the line, huh...? Poor Mutti Merkel is feeding half of Europe and the Middle East all by herself. Danke, danke.

 

[ValerioAurelius]

So you mean to say that Turkey cannot push them to EU? LOL you really want to try that option. If you ask me I am looking at an open sea and thousands of boats moving towards EU if they don't pay. So either EU will have to shoot them which will be against Geneva convention or pay billions of Dollars to relocate them to other countries. About Pakistan we have taken the most refugees in the world just check the UN figures.

No, Turkey cant push them over the Mediterranean. The people would not enter the boats. They actually try to go back from Greece to Turkey, since they live under horrible conditions in greece.

So please don´t dillute the topic with your nonsense any further. Thank you.

So first Greece asked Germoney for help, then it was Italians and half of the countries in Southern Europe (who were bailed out with hundreds of billions of euros provided by Germany) and now Turkey is on the line, huh...? Poor Mutti Merkel is feeding half of Europe and the Middle East all by herself. Danke, danke.

Germany paid not a single cent to Greece or Italy. They actually earn billions of € with this money laundry scheme.

The system which you hail is so unfair, since it generated a budget surplus for Germany worth 6.5 billion €.

I find it strange that you would celebrate something that only benefits Germany and costs the others development. The entire investments flow to Germany. And thats a unhealthy situation.

 

[BHarwana]

No, Turkey cant push them over the Mediterranean. The people would not enter the boats. They actually try to go back from Greece to Turkey, since they live under horrible conditions in greece.

So please don´t dillute the topic with your nonsense any further. Thank you.

I meant through black sea not the Greece side. Boats through black sea will create a real mess.

You know what was the biggest weapon that Russia used to save Assad in Syria. The weapon was Refugees and with the flow of Refugees moving in disrupting the political and social system made EU rethink it's Syrian policy as a result EU backed of from the regime change plan and decided to let Assad stay. Germany was even willing to pay Assad for taking back the refugees. So this is big threat to EU the politicians in EU can face regime change because of refugees we can see Angela and her party out of power because of this issue which is not in view till now but could have been the case.

 

[ValerioAurelius]

I meant through black sea not the Greece side. Boats through black sea will create a real mess.

You know what was the biggest weapon that Russia used to save Assad in Syria. The weapon was Refugees and with the flow of Refugees moving in disrupting the political and social system made EU rethink it's Syrian policy as a result EU backed of from the regime change plan and decided to let Assad stay. Germany was even willing to pay Assad for taking back the refugees. So this is big threat to EU the politicians in EU can face regime change because of refugees we can see Angela and her party out of power because of this issue which is not in view till now but could have been the case.

Show a credible source that germany wanted to pay Assad to take refugees.

Also through black sea? To Bulgaria and Romania? You do realize why the refugees dont even try to go there via land border? You do know they are hunted there from private militia.

The Balkan is closed and wont open again.

Turkey doesnt even use the "we let the refugee deal bust" option anymore. The foreign office there knows very well that this option doesnt exist anymore.

Whats more important is that the southern border of turkey gets closed and stabilized since it creates constant trouble for them and instability. I dont know how topography is there but they need to lock there down.

Another factor that disturbs the markets is the referendum this year there.

What happenes when Erdogan wins? What happenes whe he loses? And so on. Thats some uncertain things right now.

 

[BHarwana]

Show a credible source that germany wanted to pay Assad to take refugees.

Also through black sea? To Bulgaria and Romania? You do realize why the refugees dont even try to go there via land border? You do know they are hunted there from private militia.

The Balkan is closed and wont open again.

Turkey doesnt even use the "we let the refugee deal bust" option anymore. The foreign office there knows very well that this option doesnt exist anymore.

Whats more important is that the southern border of turkey gets closed and stabilized since it creates constant trouble for them and instability. I dont know how topography is there but they need to lock there down.

Another factor that disturbs the markets is the referendum this year there.

What happenes when Erdogan wins? What happenes whe he loses? And so on. Thats some uncertain things right now.

https://www.rt.com/news/330734-germany-pay-countries-refugees/

Refugees is a serious threat for Europe lol it is better to pay turkey than to get slaughtered.

 

[KediKesenFare3]

Source is the German political weekly DER SPIEGEL, which is well-known for its anti-Turkish stance. Recently, the magazine also published strongly anti-British articles.

Here are the facts:

EUR-TRY

Turkey vs. Germany | Government Debt to GDP

Turkey runs over $3 bln budget surplus in January as revenues on rise
ANKARA - Anadolu Agency

REUTERS photo

The Turkish government ran a budget surplus of 11.4 billion Turkish Liras ($3.06 billion) in January amid a significant rise in revenues, the country’s finance minister said Feb. 15.

“The budget showed a solid performance in the first month of the new year,” Naci Ağbal said.

Official data showed Turkish government revenues in January stood at 58.8 billion liras (some $15.8 billion), a 25.8 percent increase year-on-year.

“Last month, the government’s tax revenues rose 22 percent to reach 48.4 billion liras [around $13 billion] and tax-excluded incomes stood at 10.4 billion liras [$2.8 billion], up 47.2 percent over the same month in 2016,” Ağbal said.

Ağbal stated that budget expenditures in January also rose to 47.3 billion liras ($12.7 billion) in line with year-end targets, an 11.3 percent rise from a year earlier.

The finance minister also stressed that the government made nearly 6.5 billion liras ($1.74 billion) in interest payments last month, amid a nearly 18 billion-lira ($4.84 billion) budget surplus excluding debt interest payments.

Last year, Turkey’s government ran a 29.3 billion-lira ($7.81 billion) budget deficit. According to the ministry, government budget revenues reached 554.4 billion liras ($148 billion) in 2016, up 14.8 percent over 2015.
Budget expenditures for 2016 rose to 583.7 billion liras ($155.6 billion), a 15.3 percent rise year-on-year. Interest expenses stood at 50.2 billion liras ($13.4 billion) in that period, down 5.2 percent from the previous year.

http://www.hurriyetdailynews.com/tu...----.aspx?pageID=238&nID=109788&NewsCatID=344

Turkish exports are skyrocketing

Dec. 2016 | + 9,31%
Jan. 2017 | + 15%

Turkey's exports start 2017 with significant increase
January's $10.5 billion export total is biggest rise in 49 months, says Exporters’ Assembly of Turkey
http://aa.com.tr/en/economy/turkeys-exports-start-2017-with-significant-increase/739249

Turkey's current account deficit is shrinking

Expansive military operations aboard (Syria, Iraq), economic slow down; neighboring Greece, Cyprus effectively bankrupt, 3.2 m. refugees in the country, crisis with Russia, less tourists visiting Turkey, ISIS in Iraq, fighting PKK in the SE, coup attempt, terror attacks etc.pp.

There is no European country that could handle these conflicts as financially successful as Turkey - not even your beloved Germany let alone Italy. We all know this fact. Only diamonds are harder than Turkey's budgetary discipline.

 

[ValerioAurelius]

https://www.rt.com/news/330734-germany-pay-countries-refugees/

Refugees is a serious threat for Europe lol it is better to pay turkey than to get slaughtered.

Again, show a credible scource that Germany intended to pay Assad. Your article doesnt mention that.

Why do you make things up?