Turkish economy

We need to stop being hysterical about President Erdogan

We need to stop being hysterical about President Erdogan

There are many reasons to be interested in Turkey

Turkey Seeks to Restructure Taxes Again to Boost Economy, Budget

Turkey Seeks to Restructure Taxes Again to Boost Economy, Budget

The government plans to restructure nearly $20 billion in unpaid taxes

Those who came to referendum in Turkey worried about economy

Those who came to referendum in Turkey worried about economy

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The economic situation in regions that voted against constitutional changes is worse

Turkey#039s Central Bank pushes rates to the max before referendum

Turkey's Central Bank pushes rates to the max before referendum

The interest rates go to the upper reaches before an event that could remodel Turkey’s political landscape

Asian interests in Turkey growing continuously

Asian interests in Turkey growing continuously

Asian companies eye further investment in various sectors of the country

Turkey#039s economic results of 2016

Turkey's economic results of 2016

Turkey’s exports decreased to $142.6 bln in 2016

 Erdogan: Turkey developing even amid security concerns

Erdogan: Turkey developing even amid security concerns

Mentioning how the Organization for Economic Cooperation and Development now classifies Turkey as a high-income country, Turkish President Recep Tayyip Erdogan said Turkey is set to move on despite challenges inside and …

Turkey#039s economic turn to the East

Turkey's economic turn to the East

Growing economic pressures are pushing Turkey towards China and Russia

Turkey#039s Central Bank hikes interest rates to contain the fall in Turkish lira

Turkey's Central Bank hikes interest rates to contain the fall in Turkish lira

In a move to contain the depreciation of Turkish lira against the U.S. dollar, Turkey's Central Bank raised its benchmark one-week repo rate by 50 basis points from 7.5 percent to eight percent at the Monetary Policy Committee's meeting …

 Turkish minister: next year to be successful for our economy

Turkish minister: next year to be successful for our economy

Next year will be successful for the Turkey's economy, the Turkish Development Minister Lutfi Elvan said. He recalled that after the coup attempt and the beginning of the Shield of Euphrates operation, the …

Standard and Poor#039s upgrades Turkey#039s outlook

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 …

Erdogan: Turkey’s economy faring better than world, Europe

Erdogan: Turkey’s economy faring better than world, Europe

Turkey’s economy fares better than the world economy and outperforms Europe, despite many neighborhood risks, President Recep Tayyip Erdogan has said, again stressing that interest rates must be cut further to …

Turkish lira drops to 3.13 per $1

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 …

Yildirim: budget deficit is expected to be 1.9% in 2017

Yildirim: budget deficit is expected to be 1.9% in 2017

Turkey's budget deficit-to-GDP ratio is expected to be 1.6%  this year, rising to 1.9% in 2017, the Turkish Prime Minister Binali Yildirim said. The figure is expected to be 1.6% in 2018 and 1.35% in 2019. …

Ankara: politics downgrades Turkish debt rating

Ankara: politics downgrades Turkish debt rating

Turkish Deputy Prime Minister Numan Kurtulmus dismissed Moody’s downgrade of the government debt rating as a “political” move and part of a wider effort to undermine the country. Kurtulmus said …

Not good news in Turkey’s growth and unemployment figures

Not good news in Turkey’s growth and unemployment figures

After the bad state of affairs in Turkey’s slowing growth rate, the increase in unemployment rates is also continuing. While the unemployment rate climbed to 10.2 percent in June, the seasonally adjusted unemployment rate increased …

Nihat Zeybekci: Turkish citizens prevent financial crisis

Nihat Zeybekci: Turkish citizens prevent financial crisis

Turkey’s economic situation is a "miracle" after a failed coup attempt there in July, the country’s economic minister Nihat Zeybekci said. "Turkish economy is now at such a stage that it can …

Trade minister: attempted coup cost Turkey $100 billion

Trade minister: attempted coup cost Turkey $100 billion

The failed coup attempt has already cost Turkey's economy 300 billion lira ($100.4 billion) and the figures will increase in midterm prospects, the Turkish Trade and Custom Minister Bulent Tufekci said. "If we …

Yildirim: Turkey seeks to attract new investments

Yildirim: Turkey seeks to attract new investments

Aiming to limit the economic fallout from this month’s failed coup, Turkish Prime Minister Binali Yildirim said the government plans a multibillion-dollar infrastructure fund to keep growth on track. “Here …

Ankara seeks to restore confidence in markets after coup attempt

Ankara seeks to restore confidence in markets after coup attempt

Turkey's central bank said it will cut the commission on daily liquidity options for banks to zero and that it will provide unlimited liquidity to banks to maintain effective operation of the financial markets. The moves follow a …

Igor Morozov: domestic policy crisis pushes Erdogan to apologize

Igor Morozov: domestic policy crisis pushes Erdogan to apologize

Russian President Vladimir Putin received a letter from the Turkish President Recep Tayyip Erdogan, in which the Turkish leader apologized for the downed Russian military jet and expressed sympathy and …

Titov: Russian business almost did not complain about sanctions against Turkey

Titov: Russian business almost did not complain about sanctions against Turkey

The Commissioner for Rights of Entrepreneurs under the President of Russia, Boris Titov, spoke about the reaction of Turkish and Russian businesses to the sanctions imposed by Moscow because of the downed Su-24. …

The New York Times: Economy of the Turkish Republic is on the verge of crisis

The New York Times: "Economy of the Turkish Republic is on the verge of crisis"

Western media on key geopolitical events over Russia, Turkey, and the USA

Turkish Stream will provide 16 billion m3 of gas for Turkey, Yanovsky says

Turkish Stream will provide 16 billion m3 of gas for Turkey, Yanovsky says

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Anatoly Yanovsky, the Deputy Minister of Energy of Russia, speaking at the international conference “Russia and Turkey: Strengthening of Multidimensional Cooperation” organized by RSMD, spoke about the energy cooperation between the …

Nuclear power creates basis for a long-term partnership between Russia and Turkey

Nuclear power creates basis for a long-term partnership between Russia and Turkey

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The first deputy director of the department of development and regional business at SC Rosatom, Kirill Komarov, spoke about the first joint project of the Russian Federation and TP in the nuclear sphere on the sidelines of the International Forum …

People#039s World: The next two weeks will be critical for Turkey

People's World: "The next two weeks will be critical for Turkey"

Western media on the key geopolitical events over Russia, Syria, Iran, and Turkey

Igor Ivanov: ‘’Russian-Turkish cooperation has reached its highest level

Igor Ivanov: ‘’Russian-Turkish cooperation has reached its highest level"

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At the international conference ‘Russia and Turkey: strengthening of multifaceted cooperation’ dedicated to the 95th anniversary of the establishment of diplomatic relations between the two countries, the President of the Russian …

Nuclear power plant #039Akkuyu#039: the zone which is free from short-term political fluctuations

Nuclear power plant 'Akkuyu': the zone which is free from short-term political fluctuations

The construction of the nuclear power plant in Turkey will give impulse to economic and social development

Turkish Stream to work at full capacity

Turkish Stream to work at full capacity

At the same time, Moscow and Ankara should intensify their joint efforts to prevent the spread of radicalism

Turkey to discuss Turkish Stream after gas discount

Turkey to discuss Turkish Stream after gas discount

Turkey said that it is ready to discuss the Turkish Stream gas pipeline project implementation only after reaching an agreement on gas discount, Turkish Minister of Energy and Natural Resources of the interim government, Ali Riza …