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Arabic signs removed in İstanbul district densely populated by Syrian refugees

Officials from the Esenyurt Municipality in İstanbul on Friday removed signs in Arabic from district shops, in a neighborhood densely populated by Syrian refugees,...

Report: Turkey, Japan discuss speeding up nuclear plant construction in Sinop

Turkish President Tayyip Erdoğan and Japanese Prime Minister Shinzo Abe in a telephone call on Thursday discussed speeding up construction of a nuclear power...

Turkey to import potatoes from Syria in attempt to push down prices

Turkey is allowing potato imports in limited quantities from Syria in an attempt to offset skyrocketing domestic prices, Economy Minister Nihat Zeybekci announced on...

Turkey’s possible downgrade hinges on Erdoğan’s policies, Moody’s says

International credit rating agency Moody’s said on Tuesday that a review on a possible downgrade of Turkey’s sovereign credit rating will hinge on what...

Erdoğan’s sweeping election victory has limited effect on Turkish lira

President Recep Tayyip Erdoğan’s re-election had only a limited effect on the Turkish lira on Monday, despite a sweeping victory. While in the early morning...

Turkey’s FDI declines 22 pct year-on-year in first 4 months

Turkey attracted some $3.1 billion in net foreign direct investment (FDI) from January to April, a 22 percent decline year-on-year, the Economy Ministry announced...

Turkey to impose retaliatory tariffs on US

Turkey will on Thursday start implementing retaliatory tariffs worth $266.5 million against the United States over “ill-advised” and “unsupportable” additional steel tariffs enacted by...

Turkey’s purchasing power lags behind EU average by 35 points

According to newly released 2017 data from EuroStat, in the volume index of gross domestic product (GDP) per capita expressed in Purchasing Power Standards...

Turkey’s unemployment rate drops to 10.1 pct but remains in double digits

Turkey’s unemployment rate stood at 10.1 percent in March, falling 1.6 percentage points on a yearly basis but remaining in double digits, the Hürriyet...

30.8 percent of Turkish youth neither working nor studying

Eurostat’s latest survey on young people neither in employment nor in education or training (NEET) has revealed that 30.8 percent of Turkish youth between...

Turkish lira lurches towards record low despite central bank moves

The Turkish lira lurched back towards a recent record low on Wednesday despite moves by the central bank, including hikes in interest rates totaling...

Turkish economy grows 7.4 percent in Q1, exceeding forecasts

The Turkish economy exceeded expectations by growing 7.4 percent in the first quarter over the same period last year, according to Turkish Statistics Institute...

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