Turkey could withdraw its reserves of 23 billion euros from France after the move made by the EU member
The Turkish Central Bank could withdraw its nearly 23 billion euros of reserves from France after the EU member’s recent
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Finance & Economy
business-turkey-finance
Turkey targets to attract large Saudi investments in key industries
Turkey hopes to tame its chronic current account deficit (CAD) problem by attracting sizable Saudi investments in key industries that
Read MoreReport: Economic Indicators of Turkey, December 2011
INDUSTRIAL PRODUCTION In September, industrial production increased well above expectations. According to Turkstat, in September industrial production increased by 12% compared
Read MoreIstanbul to become a new finance center in Europe
Turkey is considered to have one of the best developing economies in the world recently. Istanbul on the other hand
Read MoreTurkey: Advertising expenditures of local firms grow to outperform European countries
The economic crisis in the European economies this year has pushed advertising expenditures down sharply, while the trend in Turkey
Read MoreTurkey: Rapid growth in GDP not reflected in minimum wage
Turkey’s rapid economic growth admired and praised by the country’s private sector has not been reflected in the minimum wage
Read MoreTurkey to increase its defense and security budget to 18.2 billion TL
The Defense Ministry’s budget was taken up in Parliament on Dec. 13 and the new one has been fixed at
Read MoreTurkey: Unemployment rate falls to 8.8 percent
Turkey’s unemployment rate dropped to 8.8 percent in the three months to October from 11.3 percent in the same period
Read MoreTurkey’s GDP increases by 8.2 percent in 3rd quarter 2011
The improvement in the Turkish economy displays a consistent movement as Europe struggles to work out some major problems of
Read MoreEuropean debt crisis to knock on Turkey’s door?
Turkey’s top business group and the IMF issue harsh warnings on the Turkish economy, which could be in for a
Read MoreTurkey: Central Bank predicts inflation will rise in December
The Central Bank of Turkey on Tuesday announced a 1.73 percent rise in the consumer price index (CPI) for November
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