Economics
Germany Looks for Ways to Help Turkey Without Offering Emergency Funding
- Official says Merkel is pulling together list of suggestions
- IMF still seen as first line of defense in any meltdown
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Germany is examining possible ways to help Turkey avoid economic meltdown without offering emergency financial aid, a government official said.
In the latest sign of German concern about Turkey’s future, Chancellor Angela Merkel has asked government ministries to come up with suggestions, which could include export financing guarantees for German companies, said the official, who asked not to be identified because the discussions are private and no conclusions have been reached.