Germany poses a rescue to Turkey

The return to school of German parliamentary groups is today marked by the proposal of financial aid to Turkey to help cope with the crisis. While waiting for the financial markets to reopen today, the country seems to have irremediably become the victim of the reiterative "crisis of August", fueled by political instability and the progressive distancing between two allies in one of the most complex areas. of the globe, Middle East. Turkey looks more and more towards Russia and the foreign policy of the United States is today much less temporizing than in the Obama stage. The trade war has accentuated the imbalances of the Turkish economy, overheated by excessive growth and inflation at 15%. Erdogan, who in the last elections has reinforced his power, refuses to raise rates and the Turkish lira deteriorates in the market (more than 40% so far this year). The two major rating agencies, Standard & Poor's and Moody's, have downgraded the Turkish debt rating (long-term in foreign currency from BB- to B +, and the long-term local currency in BB- to BB) and The fear of contagion to other emerging economies multiplies. It is in this context that voices in favor of financial support to Turkey have begun to be heard this weekend in Germany.

The leader of the Social Democratic Party (SPD), Andrea Nahles, has asked the coalition government composed of its own political formation together with the conservatives of Angela Merkel to consider the possibility of offering financial aid. "The situation may arise in which Germany must help Turkey, regardless of the political tensions with President Erdogan," he said, recalling that "Turkey is a member of NATO and we can not ignore it. We are all interested in Turkey remaining economically stable and in solving the monetary turbulence that affects it. " Another prominent leader of the SPD, Sigmar Gabriel, has pointed out for his part the danger posed to Europe by an isolated and weakened Turkey. "In our own interest, we must do everything possible to keep Turkey on the side of the West," he has justified, slipping even the possibility of an increase in refugees and a nuclear danger. "USA. it is doing something that from the point of view of the partners of NATO can not do, they try to push the precipice to a country that is already economically affected and who will pay the price if Turkey falls are Germany and Europe, "he said. German media have also published that Finance Minister Olaf Scholz, also a Social Democrat, had in the last few hours urged the Turkish government to accept an aid program from the International Monetary Fund (IMF) that would aim to restore economic stability in the country. Bosphorus country.

Consulted in this respect, sources of the Chancellery rejected yesterday that the German government has the will to establish that financial aid to Turkey, but at the entrance of the meeting of the directive of the CDU, the party of Angela Merkel, that meets today For the first time after the summer break, they are listening to more favorable opinions, such as the Minister of Agriculture and Consumer Affairs Julia Glockner. "It is not about releasing money as well as at the expense of the German taxpayer, but we must carefully study how Germany can help Turkey in this situation, establish under what conditions this aid can take place and, if possible, provide elements of stability with a country with which we have a close relationship, "Glockner said early. The issue has been included in the agenda of the council of ministers that meets this morning and numerous Turkish groups are making calls through the media to a German intervention and even European intervention.

In coincidence with this debate and as a gesture of goodwill that softens a relationship that has been stretched to the extreme in recent months between the governments of Berlin and Ankara, a Turkish court has lifted the ban on leaving the country to the German journalist Mesale Tolu, arrested last year for being accused of propaganda and belonging to a terrorist group. Tolu, 33, had been in April 2017 on all the lists of requests from the German government to Turkey, whose authorities confirm that despite his release the trial continues, but images of his departure from the detention center today open the news of television in Germany and help a turn of the public opinion in favor of the rescue to Turkey.