Adar Press

The editorial of the Financial Times newspaper, "Erdogan is a blow to Turkey's economy," the BBC reported.

The newspaper said that the removal of Recep Tayyip Erdogan to the Governor of the Central Bank, Murat Chitin, and the appointment of his deputy in place, will be reflected negatively on the Turkish economy.

 She added that after Erdogan suffered more than a loss at the ballot box, he had to be cautious in his decisions, especially those relted to the "fragile economy of the country."

The newspaper said that the decision of the Turkish President, the impulsive to dismiss the governor of the Bank of the country on Saturday proves that "will not ease its authoritarian tendencies or curb its non-traditional economic policy."

Turkey is in the process of receiving the Russian S-400 missile system, which Washington sees as a threat to its aircraft. The United States said Ankara could not own the S-400 and F-35 fighter jets at the same time.

The paper pointed out that this step will cause damage between NATO and Washington, adding that the last thing Turkey wants today is to undermine investor confidence or increase pressure on the Turkish lira.

The newspaper said that Erdogan did not provide any official explanation for the reason why the dismissal of the governor of the central bank, which praises the efficiency of investors.

"The Turkish president is playing with fire and risking his job if the country's economy collapses."

Translation: Adar Press.

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