65.3 F
Ankara
Monday, July 13, 2020

Turkish Treasury to repay $12.5B in July-Sept

ANKARA Turkey's Treasury will repay 85.5 billion Turkish liras ($12.5 billion) of debt in the July-September period, the Treasury and Finance Ministry announced on Tuesday. Over the next three months, the...

Turkey's annual inflation rate to rise in June: Survey

ISTANBUL Turkey's annual inflation rate is projected to rise to 12.14% in June, economists said on Tuesday. A group of 16 economists polled by Anadolu Agency predicted an increase of 0.75%...

‘No doubt’ Turkish tourism will bounce back from virus crisis

ANKARA  Turkish tourism will recover from the pandemic fallout "without a doubt" thanks to its proven resilience in dealing with crises, according to the CEO of Turkish-German carrier SunExpress. "There is...

Turkish exports stand at $10B in May

ANKARA  Turkish exports reached $61.6 billion in January-May, down 20% year-on-year amid the coronavirus pandemic, the country's statistical authority said. Imports also posted a decline of 5.2% to $82.6 billion, resulting foreign...

Turkish Central Bank reserves reach $90.9B in May

ISTANBUL  The Turkish Central Bank on Wednesday announced its official reserves totaled $90.9 billion as of the end of May. Total reserve assets soared 5.3% this May, versus $86.3 billion in...

Turkish CB's interest decision surprising: Economists

ISTANBUL Economists on Thursday said that the Turkish Central Bank's interest rate decision – keeping them unchanged at 8.25% – was surprising. Although a surprising decision, it is actually fully rational,...

Turkey set to expand railway network over next 5 years

ISTANBUL Over the next five years Turkey will expand its railway network to 18,000 kilometers (11,184 miles), according to the nation's transport and infrastructure minister. Addressing a digital summit on transportation...

Turkey expects V-shaped economic recovery from virus

ANKARA  Turkey is anticipated to come out of the coronavirus-driven crisis with a V-shaped recovery, and will converge its potential growth, the country's treasury and finance minister said on Tuesday. Addressing...

Turkey: Central government gross debt stock hits $234B

ANKARA The gross debt stock of Turkey’s central government stood at 1.6 trillion Turkish liras (around $234 billion) at the end of May, according to official figures released on Monday. The...

Turkish consumer confidence index up in June

ISTANBUL The consumer confidence index in Turkey posted a monthly increase in June, the country's statistical authority announced Monday. The consumer confidence index reached 62.6 this month, up 5.2% from May...

Latest article

Real Madrid one step away from La Liga title

ANKARA  Real Madrid took another step towards securing the La Liga title after defeating Granada 2-1 in an away match late Monday.  Ferland Mendy's opener in...

Turkish VP slams Armenian attack on Azerbaijani troops

ANKARA  Turkish Vice President Fuat Oktay on Monday strongly condemned a deadly weekend attack by Armenian armed forces on Azerbaijani troops. "The attack by Armenia against...

Armenian army attacks civilian areas in Azerbaijan

BAKU, Azerbaijan  Armenian troops opened fire on civilian settlements on the Azerbaijani border, Azerbaijan’s defense ministry said Monday.    The troops fired on the villages of...

US urges Armenia, Azerbaijan to halt border violence

WASHINGTON The US on Monday condemned in the “strongest terms” a deadly clash that took place between Armenia and Azerbaijan this weekend.    “We urge the...

Somali state leaders reject delay in holding polls

ANKARA The presidents of Somalia’s five regional states have rejected suggestions by the country’s electoral body to postpone federal level polls, according to media reports.  Following...

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close