Turkish economy

EU mulls including Turkey on blacklist of tax havens

The European Union may include Turkey on a blacklist of tax havens as soon as next month, in a move that could further strain ties between Ankara and the world’s largest trading bloc, Bloomberg reports. An EU working …

Erdogan says worst is over for Turkish economy

Turkish President Recep Tayyip Erdogan has claimed that “the worst is over” for the Turkish economy, hailing the improving figures in various parts of the economy from exports to domestic consumption. …

Standard and Poor's upgrades Turkey's outlook

Standard and Poor's upgraded Turkey's outlook to 'stable' from 'negative' on Friday. The credit rating agency rated the Turkish economy "BB." The agency also predicted that the state of emergency will …

Turkish lira drops to 3.13 per $1

The Turkish lira exchange rate has dropped to 3.1375 per $1, which is a new anti-record, the Hurriyet newspaper reports. Experts believe that the decline of the Turkish national currency was caused by the morning's terrorist attack …