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Global index provider warns Turkey could be demoted to ‘frontier market’ status: report

Global index provider warns Turkey could be demoted to ‘frontier market’ status: report

Turkey could be demoted to the status of “frontier” market by one of the world’s most important index providers, after…
Turkey’s central gov’t debt jumped 34 percent year-on-year in May: ministry

Turkey’s central gov’t debt jumped 34 percent year-on-year in May: ministry

Turkey’s central government debt totaled 1.63 trillion lira ($238 billion) at the end of May, up 34 percent year-on-year, the…
Turkish companies start using yuan funding after Chinese swap deal: report

Turkish companies start using yuan funding after Chinese swap deal: report

Turkey’s central bank said Turkish companies last week used Chinese yuan funding for the first time under a swap agreement…
Turkey’s troubled tourism sector faces critical week as borders reopen: report

Turkey’s troubled tourism sector faces critical week as borders reopen: report

Turkey’s Mediterranean coasts and historic attractions face a critical week as the government presses to open borders and salvage at…
Turkey’s consumer confidence stays in pessimistic territory in June: report

Turkey’s consumer confidence stays in pessimistic territory in June: report

Turkey’s consumer confidence index edged up to 62.6 points in June from 59.5 the previous month, remaining deep in pessimistic…
With economy reopening, Turkey to halt worker pay system: report

With economy reopening, Turkey to halt worker pay system: report

Turkey, which reopened its economy this month after a coronavirus-related lockdown, will deactivate a temporary pay system used over the…
Turkey could emerge stronger from coronavirus crisis, EBRD president says

Turkey could emerge stronger from coronavirus crisis, EBRD president says

Turkey could emerge stronger from the coronavirus crisis, President of the European Bank for Reconstruction and Development (EBRD) Suma Chakrabarti…
Turkey’s industrial output plummeted by 31.4 pct in April due to pandemic

Turkey’s industrial output plummeted by 31.4 pct in April due to pandemic

Turkey’s industrial output slumped a more-than-expected 31.4 percent, and its current account deficit widened beyond $5 billion in April as…
Gov’t debt held by Turkey’s central bank exceeds 10 pct of assets: report

Gov’t debt held by Turkey’s central bank exceeds 10 pct of assets: report

The share of government debt among the Turkish central bank’s assets exceeded 10 percent this week, data showed on Wednesday,…
More than 9,000 foreigners acquire Turkish citizenship via real estate investment: report

More than 9,000 foreigners acquire Turkish citizenship via real estate investment: report

Turkey has granted citizenship to more than 9,000 people through real estate investments since mid 2016, according to the head…
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