Military coup attempt cost $100B to Turkish economy
Baku, Azerbaijan, Aug.2
By Rufiz Hafizoglu - Trend:
The military coup attempt in Turkey cost $100 billion to the country’s economy, the Hurriyet newspaper quoted Turkey's Customs and Trade Minister Bulent Tufenkci as saying Aug.2.
Nevertheless, the country’s markets successfully coped with it, he added.
On July 15 evening, Turkish authorities said a military coup attempt took place in the country. Meanwhile, a group of servicemen announced about transition of power to them.
However, the rebelling servicemen started to surrender July 16 and Turkish authorities said the coup attempt failed. Turkey’s President Recep Tayyip Erdogan said that the death toll as a result of the military coup attempt stood at 246 people excluding the coup plotters and over 2,000 people were wounded.
Erdogan declared a three-month state of emergency in Turkey on July 20.
Follow the author on Twitter: @rhafizoglu