27.1 C
Frankfurt am Main
type here...

CATEGORY

Business

Business

Exporters cut year-end targets in blow to Turkish gov’t plans: report

Turkish exporters are revising downward year-end targets in a move that could derail the government's economic plans as new orders drop amid signs of...
Business

Turkey’s annual inflation hits fresh 24-year high of 79.6 percent

Turkish inflation rose to a fresh 24-year high of 79.6 percent in July, data showed on Wednesday as the lira's continued weakness and global...
Business

67.9 percent of Turks struggling to pay their rent: poll

More than two-thirds of people in Turkey are struggling to pay their rent as high inflation has caused a surge in housing prices, the...
Business

İstanbul’s annual inflation hits 24-year high of 99 percent

Retail prices in Turkey’s largest city and commercial hub of İstanbul increased 4.09 percent month-on-month in July, for an annual rate of 99.11 percent,...
Business

Russia is wiring dollars to Turkey for $20 billion nuclear plant: report

A Russian state-owned company is transferring money to a subsidiary that is building a $20 billion nuclear power plant on Turkey’s Mediterranean coast, alleviating...
Business

Turkey’s finance minister the least successful in cabinet, survey reveals

Turkish Finance Minister Nureddin Nebati, who has been at the helm of the country’s economy since December 2021, is the least successful minister among...
Business

Turkey’s tourism revenue surges 190 percent in Q2

Turkey's tourism revenue surged 190.2 percent from a year earlier to $8.717 billion in the second quarter, Reuters reported, citing data from the Turkish...
Business

Lira hits year low as Turkey holds interest rates

The Turkish lira touched its low for the year on Thursday as the central bank once again refused to raise interest rates to combat...
Business

Home sales to foreigners in Turkey skyrocketed in June

House sales to foreigners in Turkey jumped by 81.7 percent in June year-on-year, although the amount foreigners are required to pay for a piece...
Business

Turkish budget swings to deficit in June on increased spending

Turkey’s central government budget swung to a deficit in June on the back of increased spending on current transfers and personnel wages, Bloomberg reported. The...
Business

High inflation result of Erdoğan’s mistakes, ex-AKP heavyweight says

Opposition Democracy and Progress Party (DEVA) leader and former deputy prime minister Ali Babacan has blamed President Recep Tayyip Erdoğan for Turkey's soaring inflation,...
Business

Turkish unemployment falls to 10.9 percent in May

Turkey's unemployment rate dropped 0.3 percentage points month-on-month to 10.9 percent in May, while a seasonally adjusted measure of labor underutilization rose 0.8 points...
1...565758...177Page 57 of 177

Latest news

© Designed by Increases 2016 - 2022

About Us

Categories