Foreign investors are trembling over Turkey

Foreign direct investments in Turkey dropped dramatically in September despite some encouraging signals from European and American investors earlier in the year.
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Turkey's President Recep Tayyip Erdogan leaves the Kocatepe Mosque surrounded by security guards, politicians and officials, Ankara, Aug. 26, 2015. Erdogan said Turkish interest rates must come down to boost investments, returning to a theme that he addressed repeatedly before the June election, when he called for lower rates to boost growth. - REUTERS/Umit Bektas
mehmet cetingulec.jpg
Mehmet Cetingulec
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The European Union and the United States topped the list for foreign direct investments (FDI) in Turkey in July and August, respectively, a welcome surprise for Turkey after Asian countries led the list earlier in the year. Investor sentiment, however, seems to have soured in September, with official figures indicating a sharp decline.

According to Economy Ministry statistics, FDI stood at $1.15 billion in May, $1.1 billion in June, $3.38 billion in July and $1.99 billion in August. In September, however, foreign investors put only $791 million into the country. 

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