Factbox: European banks feel the heat as Turkey’s currency plunges

3 comments
  1. It really is telling of what populism and corrupt leaders can do to a country that Turkey would descend from being the showcase of economic and social growth with a functioning democracy and rule of law with an EU bid to being recalled with the words “Turkey-exposed”.

  2. Well, then they should exit the market. No need to wait and witness a slow motion car crash. Southern Europe can’t catch a break. Of all places they chose Turkey to invest. Germans have no exposure, French have very little, Scandinavians none. It’s very telling at this point.

  3. LMAO BaNkS FeEl ThE hEaT

    Investments carry risk. An investment may go up or it may go down.

    They had 1000 opportunities to pull out in the last few years, they didn’t. They can f-off

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