Inflation Drives Tourists and Locals from Turkish Resorts to Greece Restaurants in Turkey’s holiday towns are struggling this summer as soaring inflation, reaching 91% in some areas, drives both locals and tourists away. Social media posts highlight exorbitant prices in Turkish resorts, while a fast-track visa program has facilitated a significant increase in Turkish visitors to Greek islands. The devaluation of the Turkish lira has eroded purchasing power, leading to a decline in business for many eateries, despite some restaurants seeing a shift in clientele from higher-income segments. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts The Alibaba Conundrum and Gold's Rally READ MORE China's Central Bank Creates New Liquidity Tools to "Help" Monetary Policy READ MORE MAS Singapore Gold Vault READ MORE Turbulence Hits Obscure Real Estate Investment Sector READ MORE Major Milestone for Crypto Markets — SEC Greenlights Bitcoin ETF READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment