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EU provides 325 million euro boost for refugees in Turkey

The European Union said on Thursday it was injecting 325 million euros for refugees in Turkey, part of a huge funding plan for the...

Libya ferry on first passenger trip to Turkey in decades

A ferry set sail on Wednesday from the Libyan port of Misrata to Turkey's coastal city of İzmir, 40 years after the last passenger...

Turkey’s finance minister calls it quits amid record lira depreciation

Turkey’s Finance Minister Lütfi Elvan has submitted his resignation, which was accepted by the country’s president, according to a decision published in the Official...

[Opinion] Malicious intent in Turkey’s omicron stance towards South Africa?

Türkmen Terzi South African President Cyril Ramaphosa in an address to the nation on Sunday evening expressed deep disappointment with the countries that had...

Ankara’s opposition mayor receives threats from far-right party

Far-right Nationalist Movement Party (MHP) Deputy Chairman Semih Yalçın, one of the people closest to party leader Devlet Bahçeli, has threatened Ankara’s opposition mayor...

$128 bln in FX reserves met excess demand for foreign currency during pandemic: CB

$128 billion in forex reserves that were sold from the Turkish Central Bank’s (TCMB) reserves in 2019-2020 were used to meet a large amount...

Erdoğan defends ‘risky but correct’ economic policy

Turkish President Recep Tayyip Erdoğan defended Wednesday his "risky but correct" economic policy of low interest rates as the central bank intervened in markets...

[UPDATE] Greek police rescue 17 Turkish migrants in danger of freezing to death

Cevheri Güven The Greek police rescued 17 Turkish asylum seekers, including five children and four women, who crossed the Evros River from Turkey to Greece...

Erdoğan sticks to his guns on inflation as lira tumbles

Turkish President Recep Tayyip Erdoğan on Tuesday again rejected the idea of raising interest rates to shore up the nation's currency, which has slumped...

Lira crisis gives Turkish opposition chance to challenge Erdoğan

Turkey's currency crisis has cut into the popularity of President Recep Tayyip Erdoğan, handing the opposition a golden opportunity to finally challenge the long-time...

Senior central bank executive resigns as Turkish lira plunges to 13 against dollar

Doruk Küçüksaraç, who has served as director of the markets department for the Turkish Central Bank since August 2019, resigned on Tuesday after the...

Detention warrants issued for 140 in separate operations over Gülen links

Turkish prosecutors have issued detention warrants for 140 people including former police academy students, military cadets and foreign ministry personnel over alleged links to...

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