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Number of unemployed in Turkey reaches record high with 4.4 million

Number of unemployed in Turkey reaches record high with 4.4 million

The number of unemployed reached an all-time high in June of 4,417,814, according to Turkish Employment Agency (İŞKUR) data released…
Turkey’s current account deficit shrinks to 16-year low: report

Turkey’s current account deficit shrinks to 16-year low: report

Turkey’s current account deficit has shrunk to its lowest level since 2003, all but eliminating an indicator that was once…
Turkey’s currency weakens after Erdoğan fires central bank governor

Turkey’s currency weakens after Erdoğan fires central bank governor

Turkey’s lira weakened on Monday after President Recep Tayyip Erdoğan dismissed the central bank governor, reigniting concerns about political interference…
Erdoğan’s AKP proposing changes to Turkish Central Bank legal reserves

Erdoğan’s AKP proposing changes to Turkish Central Bank legal reserves

Turkish President Tayyip Erdoğan’s Justice and Development Party (AKP) is proposing changes in the central bank’s legal reserve ratios, party…
Economist exposes plagiarism in new Turkish central bank governor’s master’s thesis

Economist exposes plagiarism in new Turkish central bank governor’s master’s thesis

Murat Uysal, Turkey’s new central bank governor, became a controversial subject on social media after a Turkish economist on Twitter…
Erdoğan says central bank governor fired for refusing to cut interest rates: report

Erdoğan says central bank governor fired for refusing to cut interest rates: report

In a meeting with his party’s deputies Turkish President Recep Tayyip Erdoğan said he sacked the central bank governor for…
Turkey’s inflation rate hits 12-month low in June

Turkey’s inflation rate hits 12-month low in June

Turkey’s annualized rate of inflation stood at 15.72 percent in June, hitting a 12-month low, the statistical authority said on…
Turkish auto market halved in first 6 months

Turkish auto market halved in first 6 months

Turkey’s automobile market saw a decline of 45 percent in the first half of 2019, the Diken news website reported.…
Turkey’s foreign trade deficit decreases 77 percent

Turkey’s foreign trade deficit decreases 77 percent

The Turkish Statistical Institute (TurkStat) on Friday released the country’s provisional foreign trade statistics for May, which point to a…
Volkswagen mulling €2 bln factory investment in Turkey: report

Volkswagen mulling €2 bln factory investment in Turkey: report

German car manufacturer Volkswagen is considering establishing a €2 billion car assembly plant in Turkey, Frankfurter Allgemeine Zeitung (FAZ) reported.…
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