14.8 C
Frankfurt am Main
type here...

CATEGORY

Business

Business

Even a former top judge faces financial difficulties with Turkey’s inflation-hit pensions

A former judge of Turkey’s Supreme Court of Appeals has filed a petition with the Turkish Statistical Institute (TurkStat) demanding that it readjust its...
Business

Turkish gov’t forgave TL 7.5 bln in tax debt, penalties in last decade: opposition MP

Turkey’s Justice and Development Party (AKP) government wrote off TL 7.5 billion ($227 million) in tax debt and unpaid tax penalties, primarily for wealthy,...
Business

Deputy governor says rate cuts not on agenda of Turkey’s central bank: report

Turkey's central bank is not even considering a rate-cutting cycle at this time because easing too early could reignite inflation and extend the pain...
Business

Turkey returns $5 bln Saudi deposit in show of economic confidence: report

Turkey’s central bank has returned to Saudi Arabia a $5 billion deposit, underscoring Ankara’s progress in replenishing its foreign currency stores as part of...
Business

Turkish central bank keeps key interest rate unchanged at 50 percent

Turkey’s central bank on Tuesday kept its key interest rate unchanged for the fourth month in a row, with annual inflation recorded at over...
Business

Iraq to import electricity from Turkey

Iraq said Sunday a new power line will bring electricity from Turkey to its northern provinces as authorities aim to diversify the country's energy...
Business

Moody’s lifts Turkey’s credit rating on governance improvement

Moody's said Friday that it has upgraded Turkey's credit rating on improved governance and progress on inflation, while maintaining the country's outlook as "positive,"...
Business

Turkish gov’t fails to meet expectations in minimum pension hike, sparking backlash

Turkey's ruling Justice and Development Party sent a bill to parliament on Tuesday that would raise the monthly minimum pension by 25 percent, to...
Business

Turkey’s poverty line nears $2,000, quadruple the minimum wage

Turkey’s poverty line has risen to 65,874 lira ($1,993), as millions in the country struggle to make ends meet on a minimum wage of...
Business

Turkey is seeking to cut costs of F-16 deal with US: report

Turkey is scaling back a planned $23 billion defense contract with the US to modernize NATO’s second largest fleet of F-16 fighter jets and...
Business

Turkey tops list of average growth in wealth per adult between 2022-2023: UBS report

A recent report by UBS, a Zurich-based global firm providing financial services in over 50 countries, has placed Turkey at the top of a...
Business

Turkey’s unemployment rate dropped to 8.4 percent in May: TurkStat

The unemployment rate in Turkey dropped to 8.4 percent in May, a 0.1 percentage point decrease, official figures from the Turkish Statistical Institute (TurkStat)...
1234...153Page 3 of 153

Latest news

Liked it? Take a second to support Turkish Minute on Patreon!
Become a patron at Patreon!

© Designed by Increases 2016 - 2022

About Us

Categories