Four banks express interest in buying Denizbank of Turkey
Within one weeks’ time four banks have expressed interest in purchasing Denizbank. Increasing demand continues for Denizbank, which the French-Belgium
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Finance & Economy
business-turkey-finance
Head of Turkish Business Group says hikes in indirect taxes not a sustainable method to cope with CAD
Indirect taxes, government’s easy way of generating money, is not a sustainable method, according to head of the Turkish Industry
Read MoreTurkey: Consumer organizations warn tax hikes might reduce purchasing power
Turkish business and consumer organizations on Friday warned that recent tax hikes would make things even more difficult for Turkish
Read MoreTurkey: Government uses “TAX TOOL” AGAIN, to limit the current account deficit
Turkey raised a special consumption tax on autos, cigarettes, alcohol and mobile phones on Thursday, hitting auto shares, in a
Read MoreTurkey: Program to cope with CAD (current account deficit) for the coming 3years period
Ministers Babacan and Şimşek presented OVP (Medium-Term Plan) for Turkey for the coming period clarifying the reasons for the increases
Read MoreTurkey: Industrial production index breaking record since last October
Turkish Economy Minister Zafer Caglayan said on Monday that industrial production index had been breaking record since last October. Industrial
Read MoreDexia to sell Denizbank in Turkey as part of the rescue plan
France, Belgium and Luxembourg agreed yesterday on a rescue plan for battered lender Dexia ahead of a planned board meeting
Read MoreTurkey: Businessmen expect 4 percent growth in 2012
Turkey’s gross domestic product (GDP) clinched 10.2 percent growth for the first half compared to the same period in 2010,
Read MoreTurkish Finance Minister: Europe should make brave decisions to recover from economic crisis
Turkish Finance Minister Mehmet Simsek said that Europe should make brave decisions to be recovered from economic crisis. Speaking at
Read MoreTurkey: Economists say “Lira Game” dangerous
As the Central Bank keeps on putting high amounts of dollars in auction to support lira, former bank governor says
Read MoreTurkey: The government repays USD 97.4 million in foreign debt between October 1st and 5th
Turkey repaid 97.4 million USD in foreign debt between October 1 and 5, the Central Bank said on Thursday. According
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