Economy

Economy EU pledges 2.5 billion euros for Syria aid: Ursula von der Leyen

EU pledges 2.5 billion euros for Syria aid: Ursula von der Leyen
Economy Netanyahu seeks to dismiss intel chief as power struggle boils over

Netanyahu seeks to dismiss intel chief as power struggle boils over
Central government budget deficit widens in February

Central government budget deficit widens in February

The central government budget posted a deficit of 310 billion Turkish Liras ($8.4 billion) in February, up from the deficit of 154 billion liras in the previous month, data from the Finance Ministry showed on March 17.
Quark.Models.Entities.Ancestor?.Title?.ToUpperInvariant() Tourist city İzmir turning into technology and innovation hub

Tourist city İzmir turning into technology and innovation hub
ECONOMY Turkish banks to benefit from lower rate environment: BBVA

Turkish banks to benefit from lower rate environment: BBVA

The Turkish banking sector’s profitability is expected to improve in 2025, driven by a recovery in the net interest margin (NIM) as the Central Bank cuts interest rates, BBVA has said in a report.  
ECONOMY Private sector’s external debt increases to $177 billion

Private sector’s external debt increases to $177 billion

Private sector’s total outstanding loans received from abroad was $177 billion as of January, increasing by $5.2 billion from the previous month, data from the Central Bank showed on March 17.
ECONOMY Energy Minister Bayraktar holds high-level talks in Iraq

Energy Minister Bayraktar holds high-level talks in Iraq

Energy Minister Alparslan Bayraktar held high-level talks in Iraq to discuss cooperation in oil, electricity, and gas sectors as well as bilateral trade.
Data shows patchy Chinese economy in first two months ECONOMY

Data shows patchy Chinese economy in first two months
UK finance minister sets out action plan to slash red tape ECONOMY

UK finance minister sets out action plan to slash 'red tape'
Trump admin begins mass layoffs at Voice of America ECONOMY

Trump admin begins mass layoffs at Voice of America
‘Samsung needs do-or-die mindset to survive AI challenges’ ECONOMY

‘Samsung needs 'do-or-die' mindset to survive AI challenges’
Quakes prompt tourist shift from Greek islands to Turkish resorts ECONOMY

Quakes prompt tourist shift from Greek islands to Turkish resorts
Auto industry’s production plunged 13 percent last month ECONOMY

Auto industry’s production plunged 13 percent last month
Machinery sector’s exports at $4.3 billion in two months ECONOMY

Machinery sector’s exports at $4.3 billion in two months

Türkiye’s machinery exports, including free zones, amounted to $4.3 billion in the January-February period, according to a business group.

Türkiye positioning itself as global player in energy market ECONOMY

Türkiye positioning itself as global player in energy market

Türkiye is positioning itself as a key player in the global energy market, serving as a transit hub between major suppliers in the Middle East, Russia and Europe, according to a report by the Gas Exporting Countries Forum (GECF).

Moodys upgrade reflects Greek economys progress: PM ECONOMY

Moody's upgrade reflects Greek economy's progress: PM

Greek Prime Minister Kyriakos Mitsotakis has hailed his country's credit rating upgrade by Moody's as a result of "significant" economic progress.

France determined to cut debt as Fitch maintains rating ECONOMY

France 'determined' to cut debt as Fitch maintains rating

The French government has said that it would pursue efforts to cut debt after ratings agency Fitch maintained its AA- credit score on France's sovereign debt, but kept a negative outlook.

Baidu releases free AI model to compete with DeepSeek ECONOMY

Baidu releases free AI model to compete with DeepSeek

Chinese internet search giant Baidu released a new artificial intelligence reasoning model on Sunday and made its AI chatbot services free as ferocious competition grips the sector.

Fed likely to keep rates steady as Trump uncertainty flares ECONOMY

Fed likely to keep rates steady as Trump uncertainty flares

The U.S. Federal Reserve is widely expected to keep interest rates unchanged at its policy meeting this week, treading carefully amid uncertainty over President Donald Trump's economic policies, which include spending cuts and sweeping tariffs.

Trump tariffs: Whats been done and what is to come ECONOMY

Trump tariffs: What's been done and what is to come?

U.S. President Donald Trump threatened on March 13 to apply 200-percent tariffs on wine, champagne and other alcoholic drinks from France and other EU countries, in the latest twist of an escalating trade war.
Construction sector’s output rises nearly 16 percent ECONOMY

Construction sector’s output rises nearly 16 percent

The construction sector production index increased for the third month in a row on an annual basis in January.
Growth in services production index accelerated in January ECONOMY

Growth in services production index accelerated in January

The services production index increased by 6 percent on an annual basis in January, gathering pace from the previous month’s 2.6 percent rise, data from the Turkish Statistical Institute (TÜİK) showed on March 14.
Manufacturing industry largest employer, shows data ECONOMY

Manufacturing industry largest employer, shows data

Some 4.59 million paid employees were working in manufacturing as of January, making it the largest sector for employment, according to the Turkish Statistical Institute's (TÜİK) data.
Ukraine ready ‘to ratify free trade agreement with Türkiye’ ECONOMY

Ukraine ready ‘to ratify free trade agreement with Türkiye’

Ukrainian President Volodymyr Zelensky announced that Ukraine views Türkiye as a key strategic and security partner, expressing readiness to ratify the Free Trade Agreement during President Recep Tayyip Erdoğan’s forthcoming visit.
Turkish fourth quarter growth fastest among G20 countries ECONOMY

Turkish fourth quarter growth fastest among G20 countries

Türkiye was the fastest-growing G20 country in the last quarter of 2024, according to data from the Organization for Economic Cooperation and Development (OECD).