Inside Europe: Boom and bust for Turkish construction
Politics
Dorian Jones
December 7, 2018
The collapse in Turkey's currency, forcing a surge in interest rates, has plunged the country's construction industry into recession. Construction, once the driving force of Turkey's booming economy, is in trouble, which could pose problems for President Recep Tayyip Erdogan whose more than 15 years of electoral success is built on rising economic prosperity. Dorian Jones reports from Istanbul.