Tuesday, September 13 2011 , Your time is 15:58:00
The Turkish economy is facing a slow death, but this can be prevented by a new economic model, main opposition Republican People’s Party Deputy Chair Sayek Böke tells the Hürriyet Daily News
Turkish private sector’s loans have been rising and the composition of these loans shows that most credit is used by the construction and real estate sector
Turkey attracted a mere $160 million in foreign direct investments (FDI) from the U.S. in the first nine months of 2014, the president of TOBB has said
French economist and author Thomas Piketty’s blockbuster book launch in Turkey has witnessed a mini-crisis due to language issues.
Turkey’s unemployment rate increased to double-digit figures in August for the first time since February
BELGRADE - Agence France-Presse
The International Monetary Fund said Nov. 20 it had approved a new stand-by loan for Serbia worth around one billion euros ($1.25 billion) to help it achieve economic reforms.
The pressure on the Russian economy and the contraction in its market have begun to affect Turkey, dealing a blow to its exports
and tourism revenues. An increase in the perception of risk in the region is also damaging confidence in Turkey’s economy
The Turkish Central Bank kept interest rates on hold Nov. 20 and said it would keep monetary policy tight until the inflation outlook improves significantly.
ANKARA - Anadolu Agency
Turkey’s central government budget ran a 14.9-billion Turkish Lira ($6.7 billion) deficit between January and October 2014, the Finance Ministry said in a written statement on Nov. 17.
Boğaziçi University Professor Emine Nur Günay has been appointed as PM Davutoğlu’s chief economy adviser
Turkey’s dreams of becoming a regional hub could be achieved easier by focusing on doing business with similar-cultured countries and prioritized sectors, a new report has suggested.
BAGHDAD - Agence France Presse
The Iraqi government transferred $500 million to the autonomous Kurdish region on Nov. 19 as part of a deal aimed at ending long-running oil and budget disputes, the finance minister said.
JERUSALEM - Reuters
Israel's economy contracted for the first time in more than five years in the third quarter, as growth was hit by the effects of a war with Islamist militants in Gaza.
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