Awkward for Angela! Germany facing humiliation as TURKEY plots swoop for Deutsche Bank

Awkward for Angela! Germany facing humiliation as TURKEY plots swoop for Deutsche Bank
 

Ankara’s strongman leader Recep Tayyip Erdogan wants to take a controlling stake in the ailing Deutsche Bank, creating a nightmare scenario for Mrs Merkel. 
Stunned German media reported he could even change it’s name to Turkish Bank in what would surely be a fatal political blow to the reeling Chancellor. 
Berlin has descended into panic over the collapse of Deutsche Bank’s shares which have lost almost half of their value this year, prompting fears of a European financial crash to match 2008. 
On top of that, the prospect of Turkey’s controversial president buying up Germany’s biggest... read more

 
29 September 2016 in World News, Views: 59
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