Long codependent, the two have been battling over human rights and democratic values. Both have a lot to lose, including an election for Merkel.
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Germany and Turkey have deep ties, with millions of ethnic Turks living in Germany, millions of Germans flocking to Turkey’s beaches and historic cities, and almost 7,000 German companies—from giants such as Deutsche Bank, Siemens, and Volkswagen to tiny importers of textiles and food—doing business there. Add it all up, and trade between the two tops $36 billion a year.
But an escalating war of words over democratic values has strained those ties. After a year and a half of tension, the relationship between the two NATO allies reached an apparent breaking point in late July after Turkey detained a group of human-rights activists, including Peter Steudtner, a German national. Chancellor Angela Merkel was uncharacteristically blunt in response, denouncing the move as “absolutely unjustified.” German Foreign Minister Sigmar Gabriel, with Merkel’s blessing, announced a “reorientation” of relations between the countries, warning German companies about doing business in Turkey and cautioning German travelers about visiting. That prompted a denunciation from Turkish President Recep Tayyip Erdogan, who called Germany’s actions “unforgivable” and suggested that some form of retaliation might be coming. With these accusations flying, it was revealed that Germany’s federal police had received a list of 678 German companies suspected by Turkey of supporting terrorism, which officials dismissed out of hand.
Esta historia es de la edición July 31, 2017 de Bloomberg Businessweek.
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