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Putin announces previously strained Turkish-Russian relations now normalized

Russian President Vladimir Putin announced on Wednesday that strained relations between Ankara and Moscow have now been normalized as his Turkish counterpart, Recep Tayyip...

Moody’s changes outlook of 14 banks in Turkey from stable to negative

US-based global credit rating agency Moody's has announced that the long-term debt and deposit ratings of 14 banks in Turkey were affirmed and their...

Vice president of Socialist International: Turkey is at risk of bankruptcy

Vice President of Socialist International and former deputy of the main opposition Republican People's Party (CHP) Umut Oran has said Turkey may go bankrupt...

Turkish jobless rate hits 12.1 pct, highest since March 2010

Turkey’s unemployment rate rose from 10.5 percent to 12.1 percent year-on-year in November 2016, the highest figure since March 2010, when it was recorded...

Turkey’s annualized inflation hits 9.22 percent in January 2017

Turkey‘s inflation rate increased in January by 2.46 percent over the previous month, with the consumer price index coming in at an annualized 9.22...

Turkish economy contracts for first time in 7 years

Turkey’s gross domestic product (GDP) fell by 1.8 percent year-on-year in the third quarter, the first contraction since the same period of 2009. According to...

PM Yıldırım to announce economic package on Thursday

Amid signs of a looming economic crisis, Turkish Prime Minister Binali Yıldırım said on Monday that the government would inform the public about a...

[VIDEO] Erdoğan: If you’re a patriot, convert your dollars into Turkish lira

Amid signals of a looming economic crisis, President Recep Tayyip Erdoğan on Sunday described Turks who convert their foreign currencies into Turkish lira as...

PM Yıldırım holds Gülen movement responsible for weakening Turkish economy

At a time when the Turkish government has been waging an all-out war on the faith-based Gülen movement, the country's prime minister, Binali Yıldırım,...

Turkish minister calls on people to sell their foreign currency

Turkish Minister of Development Lütfi Elvan called on people on Sunday not to invest in foreign currency but to sell it off as the...

Erdoğan calls on Turkish businessmen not to delay their domestic investments

President Recep Tayyip Erdoğan has called on Turkish businessmen not to delay their investments in the country at a time when Turkey is trusted...

Turkish Presidency: Lira at record low not because of state of emergency, but seasonal fluctuation

Turkish Presidency spokesman İbrahim Kalın said a fall in the value of the Turkish lira, which slid to a record low after losing 0.65...

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