15.5 C
Frankfurt am Main
type here...

CATEGORY

Business

Business

Controversial Halkbank commercial raises questions of profiteering on Turkish lira

A TV commercial released by Turkish state lender Halkbank less than 24 hours after President Recep Tayyip Erdoğan’s announcement on Monday of an emergency...
Business

Turkey’s finance minister says ‘Look into my eyes’ for data on new economic plan

Turkey’s Treasury and Finance Minister Nureddin Nebati has been ridiculed on social media for asking a reporter to look into his eyes and tell...
Business

Erdoğan’s plan to halt the Turkish lira’s fall explained

The emergency plan unveiled by Turkey's President Recep Tayyip Erdoğan to curb the lira's depreciation stipulates that the country's treasury will make up for...
Business

Turkey’s banking watchdog threatens legal action over critical comments on exchange rate

Turkey’s Banking Regulation and Supervision Agency (BDDK) has announced that it will take legal action against people who share critical comments on social media...
Business

Erdoğan’s shock moves revive Turkey’s ailing lira

Turkey's troubled lira extended on Tuesday a stirring recovery that erased nearly a month of historic losses after President Recep Tayyip Erdoğan introduced emergency...
Business

Erdoğan vows Turkey’s inflation rate will fall

President Recep Tayyip Erdoğan vowed Sunday to rein in inflation decimating Turks' purchasing power and doubled down on his opposition to high interest rates,...
Business

Lira plunges again after Erdoğan cites Islam to defend rate cuts

Turkey's troubled lira nosedived Monday after President Recep Tayyip Erdoğan cited Muslim teachings to justify not raising interest rates to stabilize the currency, Agence...
Business

Babacan says he regrets remaining silent about risks of system change in 2017

Democracy and Progress Party (DEVA) leader and former Turkish deputy prime minister Ali Babacan has said he regrets making a decision in 2015 not...
Business

Business groups call on gov’t to take urgent action to stop lira crisis

Turkey’s leading business groups have urged the ruling Justice and Development Party (AKP) to action as the Turkish lira on Friday continued to hit...
Business

Opposition parties, labor unions dissatisfied with Turkey’s minimum wage hike

Turkey’s opposition parties and representatives from labor unions have expressed dissatisfaction with a 50 percent increase in the country’s minimum wage for 2022, saying...
Business

Turkey’s purchasing power lags behind EU average by 38 points

Purchasing power in Turkey is 38 percent below the European Union average, the Birgün daily reported on Thursday, citing recently released Turkish Statistical Institute...
Business

Erdoğan replaces 2 finance officials ahead of CB’s rate decision

Turkish President Recep Tayyip Erdoğan has replaced two deputy finance ministers as part of his latest policymaker reshuffle ahead of today's interest rate decision...
1...343536...147Page 35 of 147

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