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Macro Finance

Erdogan Hands Turkey Investment Fund Cleanup to Vice President

Bloomberg Markets·September 29, 2026·1 min read

Turkey's President Recep Tayyip Erdogan said the country created a board to oversee liquidation of investment funds caught in a crisis over holdings in illiquid stocks. The move hands cleanup responsibility to the vice president, aiming to stabilize markets and protect investors amid ongoing financial turmoil.

Read at Bloomberg Markets
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