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Recep Tayyip Erdogan moves to boost economic ties with Europe, Middle East

Erdogan's overtures to Europe suggest he's prepared to mend ties strained by past diplomatic clashes

TurkeyPresident Tayyip Erdogan
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Turkey President Tayyip Erdogan. Photo: Reuters

Bloomberg Dubai
Turkish President Recep Tayyip Erdogan moved to shore up alliances in Europe and the Middle East, easing pressure on the battered lira, as the stand-off between Turkey and the US deepened.
 
Efforts to rally support and bolster domestic markets include a call Thursday between Turkish Finance Minister Berat Albayrak and international investors. Erdogan also spoke with French President Emmanuel Macron, a day after talks with German Chancellor Angela Merkel and a $15 billion pledge of support from Qatar.

The lira climbed for a third day along with emerging-market currencies even after the White House said new tariffs on Turkish