Merkel Enters Fray to Calm Turkey Turmoil as German Stakes Rise - Bloomberg:
Angela Merkel is reminding Turkish President Recep Tayyip Erdogan that he has a potential ally in Berlin.
As Erdogan seeks to shield Turkey’s economy from a feud with President Donald Trump, he and the German chancellor spoke by phone on Wednesday to arrange a meeting of both countries’ finance ministers. While Berlin isn’t offering any aid, the conversation reflects the stakes on both sides and Germany’s sway as the biggest economy in Europe.
Germany wants Turkey to avoid a financial meltdown and can’t allow the country to descend into chaos, according to a person familiar with Merkel’s thinking who asked not to be identified discussing government deliberations. In an overture that signals normalizing relations after a series of diplomatic clashes, Germany plans to host Erdogan for a state visit on Sept. 28.
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