What financial crisis occurred under Çiller's government?
1994 economic crisis
1980 coup d'état aftermath
1999 earthquake costs
2001 banking crisis
Answer
The 1994 economic crisis, also known as the February 24th Crisis, was a severe financial crisis that struck Turkey in 1994. It was characterized by a sudden collapse of the Turkish lira, soaring inflation, and a sharp increase in interest rates. The crisis resulted in a deep recession and a significant decline in economic growth.
Tansu Çiller: A Trailblazing Prime Minister in Turkish History
More Questions
What major trade agreement did Çiller's government sign in 1995?
What did Çiller's government allegedly support in 1995?
Çiller's government was involved in a scandal named after which event?
What organization was connected to Çiller's government in the Susurluk scandal?
Who did Tansu Çiller form a coalition government with in 1996?
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