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Turkey’s economy grew 4.5 pct in first quarter before coronavirus outbreak hit

The Turkish economy grew 4.5 percent year-on-year in the first quarter of 2020, propelled by a lending spree just before the coronavirus pandemic brought...
Business

Turkey sold some $44 bln of reserves in 4 months to boost currency: report

Turkey’s state banks sold about $44 billion of hard currency in the first four months of this year and some $77 billion since the...
Business

Turkey’s economic confidence index sees sharp rise in May: report

Turkey's economic confidence index rose sharply to 61.7 in May, the country's statistical authority said on Thursday, according to the Anadolu news agency. The May...
Diplomacy

Turkey, Greece exchange accusations on migrants and border: report

Turkey's foreign ministry has accused Greece of violating the fundamental rights of refugees and migrants and also of increasing tension along the countries' shared...
Business

Turkish aviation shares rise on Germany considering travel guidelines: report

Shares in Turkey's aviation sector rose on Thursday on hopes for the resumption of international flights after Germany said it would lift a travel...
Business

Turkish finance minister sees positive growth at yearend despite coronavirus

Turkey will end the year with positive economic growth despite the coronavirus pandemic, Finance Minister Berat Albayrak said on Wednesday, according to Reuters. “Despite this...
Business

Turkey still seeking possible swap agreements with several countries: report

Turkey is in talks with several countries over possible swap agreements, Finance Minister Berat Albayrak said on late Wednesday, saying the initiative was part...
Business

Turkey to reopen İstanbul’s 550-year-old Grand Bazaar after rare closure: report

İstanbul’s historic Grand Bazaar, home to almost 3,000 shops that employ some 30,000 people, is preparing to reopen on Monday after a two-month closure...
Diplomacy

UN concerned about Albanian deportations of Turkish nationals over alleged Gülen links: report

Five United Nations human rights officials have sent a letter to the government of Albania to raise the cases of Harun Çelik, a Turkish...
Business

Turkish Airlines may delay delivery of Boeing, Airbus planes: report

Turkish Airlines (THY), which halted nearly all of its passenger flights as a result of the coronavirus crisis, may delay the delivery of some...
Diplomacy

El Al cargo plane lands in Turkey to collect coronavirus aid for US: report

For the first time in a decade, an El Al flight has landed in Turkey to collect humanitarian aid to help the US fight...
Business

Germany retains travel warning for Turkey despite lifting for 31 other countries: report

The German government from June plans to lift a tourist travel warning applied to 31 European countries, but Turkey is not among them, the...
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