Uğur Gürses

Turkish economist Uğur Gürses has claimed that TL 21 billion ($3.77 billion) in the central bank’s legal reserves were transferred last Thursday to the treasury.The sum represents...

Presidential spokesperson İbrahim Kalın on Wednesday confirmed that TL 11 billion (approximately $1.8 billion) was transferred from the Unemployment Fund to three state-run banks,...

Turkey’s Capital Markets Board (SPK) exempted the pro-government Demirören Group from the legal obligation to solicit takeover bids from public shareholders in its purchase...