Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

Turkey's Simsek says no probe of Daimler, BASF, welcomes German investment

Published 07/20/2017, 07:32 AM
Updated 07/20/2017, 07:32 AM
Turkey's Simsek says no probe of Daimler, BASF, welcomes German investment

ANKARA (Reuters) - Press reports that Turkey is investigating Germany's Daimler (DE:DAIGn) and chemicals giant BASF (DE:BASFn) are "completely false", Deputy Prime Minister Mehmet Simsek said on Twitter on Thursday, adding that Ankara welcomed German investors.

On Wednesday Germany's Die Zeit newspaper reported that Turkish authorities had several weeks ago handed Berlin a list of 68 German companies, including Daimler and BASF, they accused of having links to U.S.-based cleric Fethullah Gulen, blamed by Ankara for orchestrating last July's failed coup.

"Press reports that Turkey is investigating Daimler AG and BASF SE are completely false. We welcome German investors," he said.

German Foreign Minister Sigmar Gabriel said on Thursday he did not see how Germany could guarantee German corporate investment in Turkey under the current circumstances, in an escalating row between the two NATO allies.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.