Economy

Turkish economy deteriorated due to ruling party’s Istanbul election hustle – main opposition

Turkish economy deteriorated due to ruling party’s Istanbul election hustle – main opposition

Turkey’s main opposition party spokesman on Saturday said the economy was damaged critically in the period between the ruling party’s…
Turkish economy shrank 2.7 percent in Q4, 2018 growth below forecast: poll

Turkish economy shrank 2.7 percent in Q4, 2018 growth below forecast: poll

Turkey’s economy shrank 2.7 percent in the fourth quarter of 2018, dragging full-year growth down to a below-forecast 2.55 percent,…
The President emphasizes that the increase of pensions will be carried out constantly

The President emphasizes that the increase of pensions will be carried out constantly

During a speech at the Regional Development Council in Kirovohrad region, President Petro Poroshenko emphasized that starting from March 1,…
President: We have got new opportunities to fight poverty, and we will help more and more elderly people year by year

President: We have got new opportunities to fight poverty, and we will help more and more elderly people year by year

During the working trip to Zaporizhia region, President Petro Poroshenko took part in the Regional Development Council. He emphasized that…
Israel’s Bank Hapoalim planning sale of share in Turkey’s Bank Pozitif

Israel’s Bank Hapoalim planning sale of share in Turkey’s Bank Pozitif

Israeli lender Bank Hapoalim said it is planning a sale of its holdings in Turkey’s Bank Pozitif. “The bank is…
Cracks in Turkey’s economy keep getting larger

Cracks in Turkey’s economy keep getting larger

During the countdown to the March 31 local elections in Turkey, things are not as rosy as the Justice and…
Turkey hammered on credit rating rankings

Turkey hammered on credit rating rankings

Turkey’s score in terms of the global credit rating agencies has seen it fall 15 places to 82nd out of 148…
Increasing gas prices add another headache for cash-strapped Turks

Increasing gas prices add another headache for cash-strapped Turks

AS OF Monday, gasoline prices have been increased by 27 kuruş in Turkey. This was announced by the Energy Petroleum…
Turkey’s industrial production dropped 9.8 pct year-on-year in December

Turkey’s industrial production dropped 9.8 pct year-on-year in December

Turkish calendar-adjusted industrial production in December 2018 decreased by 9.8 percent over the same month last year, the Hürriyet Daily…
Here’s What to Watch in European Stocks This Morning

Here’s What to Watch in European Stocks This Morning

Turkey didn’t stay out of the spotlight for long. The government reignited fears that it’s prioritizing growth over controlling its…
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