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Turkey: Purchasing power in the Tartars – Lower base salary than China and Albania

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One of the most difficult days was yesterday for the Turkish economy, as the “dip” of the pound reached almost 14%.

Since the beginning of the year, the Turkish pound has depreciated by 73% against the dollar and the euro, resulting in a drastic reduction in the purchasing power of citizens.

Following the fall of the pound, demonstrations took place in Ankara and in Istanbul, which may not have been large but their slogans were strong as they demanded the resignation of the Erdogan government and the AKP party.

In the Tartars the purchasing power of the Turks

Many Turks rushed to buy coffee and sugar as their price is expected to rise, while there is a lot of discussion about bread where price increases are also provided.

To buy a mobile phone, the Turkish consumer has to spend 2.5 of his salaries, while a feature of the instability that prevails in the neighbor is that car prices change almost every hour.

SKAI correspondent in Turkey Manolis Kostidis explained that in the morning the seller can ask you for 273,000 pounds and by noon it has been set at 280,000 pounds.

Lower basic salary than China and Albania

The basic salary of Turkish workers has fallen below 200 euros, which is even lower than in countries such as China and Albania. It is worth noting that half of Turkey’s employees are paid the basic salary.

The comparison made in the news bulletin of the Turkish television network FOX TV is typical.

“The basic salary in China is $ 340. We knew China as the country where people work for a plate of rice. Today it is at $ 340. Albania at $ 275 the basic salary. “Our country is Turkey, the basic salary at $ 209!”, Explained the main presenter of the bulletin.

Manolis Kostidis explained that Erdogan has admitted that his goal is to make Turkey competitive by leaving the exchange rate “free”, although this leads to poorer workers.

The newspapers that support Erdogan are whistling indifferently

The co-operative newspapers, however, do not have a single report on their front pages about the devaluation of the pound. Indicatively, Hurriyet may not write anything about the economy but it informs the Turkish citizens about a singer who “returned” with a new song. Sabah, on the other hand, ran a headline “No early elections”.

On the contrary, the opposition press is harshly critical of the Erdogan government. Karar writes about a nightmarish day for the Turkish pound that “was left without value” and Cumhuriyet writes that “They threw the people into the fire and made fun of them”.

Opposition through. Greece by Kilintsaroglou

The chairman of the opposition Republican People’s Party, Kemal Kilintsaroglou, opened fire. With the recent statements of the Minister of Defense Hulusi Akar that Greece is poorly equipped while it is in crisis, Kilintsaroglou wondered how it is possible to talk about the impoverishment of Greeks who receive three times the salaries of Turkish workers.

“Until yesterday, the government said ” Greece is in poverty. Destroyed! “Greece went bankrupt.” The basic salary in Greece is 2.7 times higher than in Turkey. That is almost three times. Who lives in poverty? “Who lives in poverty?” He said characteristically.

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