Turkey in No Position to Become EU Member Any Time Soon – Juncker

Turkey is in no position to become a European Union member any time soon and all negotiations for it to join will stop immediately if it reintroduces the death penalty, EU Commission President Jean-Claude Juncker said on Monday.

Turkish authorities have suspended, detained or placed under investigation more than 60,000 soldiers, police, judges, teachers, civil servants and others since a failed military coup.

Reuters

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Craig Erlam
Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the BBC and The Telegraph, and he also appears regularly as a guest commentator on Bloomberg TV, CNBC, FOX Business and BNN. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.