Tuesday, September 13 2011 , Your time is 15:58:00
Turkey’s stock exchange Borsa Istanbul said yesterday it plans to go public, in Ankara’s latest move to bolster its $220 billion equity market that has punched below its weight for years
The Turkish lira weakened to a record low above 2.53 against the dollar
ATHENS - Agence France-Presse
Greece will not submit to a parliamentary vote an EU loan deal that has reportedly split the ruling hard-left Syriza party, a government official said March 2.
ANKARA - Anadolu Agency
The net profit in Turkey’s banking sector increased by 52 percent to 2.15 billion Turkish Liras ($857 million) in January compared with 1.42 billion liras in January 2014
Around 143.5 million euros of grants will be available for Turkey until the end of 2016 in the framework of the EU’s Instrument for Pre-Accession Assistance for Rural Development (IPARD) program
Turkish inflation rose slightly less than expected in February but remained significantly above the Central Bank’s target, limiting its room to make the deep interest rate cuts demanded by President Recep Tayyip Erdoğan.
The pressure resulting from rising consumer prices has increased significantly on Turkey’s lowest income group over the last six years, causing the gap between the country’s rich and poor to reach record highs, according to an economy note issued by Bahçeşehir University’s Center for Economic and Social Research (BETAM) on March 2
BRUSSELS - Agence France-Presse
The European Bank for Reconstruction and Development (EBRD) said on March 3 it would begin funding critically needed investment in cash-strapped Greece as Athens nears the end of a massive bailout program.
In Turkey’s economic agenda, as in several other emerging countries, there has been a conflict going on for a long time about the price of the interest rate and foreign currency
Turkey’s third-largest state-run bank Vakıfbank received regulatory approval yesterday from banking watchdog BDDK to establish an Islamic banking division, the Official Gazette has announced
Turkey’s exports decreased to $10.4 billion in February, a 13 percent drop from the same month of the previous year, mainly due to the loss in the Turkish Lira’s value, the Turkish Exporters’ Assembly (TİM) announced on March 1.
Among these 32 people, Murat Ülker, the chairman of Yıldız Holding, was ranked the richest person from Turkey
Some 68 percent of the Turkish population believes the Central Bank should make decisions based upon the realities of the economy, while only 17 percent believes it should make its decisions in line with President Recep Tayyip Erdoğan’s instructions, according to the latest study by the Metropoll research company
Daily News - Follow us on