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Tuesday, September 13 2011 , Your time is 15:58:00
Prime Minister Binali Yıldırım will chair meetings of Turkey’s Economic Coordination Board, the government said on May 27, in what appeared to be a further trimming of the powers of Deputy Prime Minister Mehmet Şimşek
Banks’ role as Turkey’s largest external borrowers, with their debt the primary source of finance for the country’s considerable current account deficit, leaves them vulnerable to sharp changes in investor sentiment, Fitch Ratings said in a written statement on April 9.
The concept of ‘intellectual capital’ and a broadened view on the revival of the historic Silk Road sits at the heart of this year’s Eurasia Economic Forum, which gathers leaders and representatives from 40 countries
Turkey’s capital inflows of an unknown origin reached $4.3 billion in February and the government needs to clarify immediately about where this mysterious money comes from, a CHP member has said
Turkey’s packaging industry posted over $366 million trade surplus in 2014, keeping making a positive contribution to decreasing current account gap of the country, said head of Packaging Industrialists Association (ASD) and Petkim CEO Saadettin Korkut.
ATHENS - Agence France-Presse
Greece on April 9 made a 459 million euro ($495 million) loan payment to the IMF after days of uncertainty, but that failed to fully dispel market concerns over its ability to honour its debts.
ISTANBUL - Reuters
The Turkish Central Bank’s cautious monetary policies along with prudent fiscal and macro-prudential policies are having a favorable impact on inflation, Governor Başçı said.
Gradually improving economic conditions across much of Europe should help strengthen cash flows and modestly reduce leverage among the region’s corporate issuers in 2015, Fitch Ratings said in a written statement on April 8.
WASHINGTON - Agence France-Presse
Greece has agreed to repay its debt to the International Monetary Fund by April 9, IMF chief Christine Lagarde said
The Trans-Eurasian Information Super Highway will be at least as important as the $10 billion TANAP, Azerbaijan’s communication and information technologies minister has said.
The contradictions within the government’s economic policies mean it is too difficult to even post a growth rate as low as 2 percent, prominent economist Kemal Derviş has told daily Hürriyet.
The Multilateral Investment Guarantee Agency (MIGA), the political risk insurance and credit enhancement arm of the World Bank Group, has announced that it will help Turkish Eximbank provide medium- and long-term funds to Turkish exporters.
Greece will pay a loan tranche due on April 9 to the International Monetary Fund on time, its deputy finance minister said on April 3, seeking to quell fears of default after a flurry of contradictory statements on the issue in recent days.
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