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Turkish budget deficit 17.3 billion lira in May – ministry
Turkey's central government budget posted a deficit of 17.3 billion lira ($2.53 billion) in May, data from the…
Turkish industry slammed by coronavirus in April
Turkey's industrial output slumped a more than expected 31.4% and its current account deficit widened to more than…
Government debt held by Turkey’s central bank exceeds 10% of its…
The share of government debt among the Turkish central bank's assets exceeded 10% this week, data showed on…
Turkish inflation rises more than expected to 11.4% in May
Turkey's key annual inflation gauge climbed more than expected to 11.39% in May, and official data on Wednesday…
Turkish Airlines sees 60% fewer passengers than initial estimate
Turkish Airlines expects a slow recovery in global demand towards the end of the summer months but there will be a…
Turkey’s economy grew 4.5% in first-quarter before pandemic hit
The Turkish economy grew a lower-than-expected 4.5% (https://tmsnrt.rs/2yFGDHQ) year-on-year in the first quarter…
Turkish coronavirus slump could prompt private bank retreat
The financial fallout from the coronavirus crisis could hasten mergers or retreats by some of Turkey's private and…
Global stocks skid as Hong Kong returns as Sino-U.S. flashpoint
Global shares tumbled on Friday as Hong Kong's political unrest returned as a flashpoint in fast-deteriorating…
Turkey’s economy to shrink by 5.4% in 2020, says EU Commission
The European Commission (EC) on Wednesday said it expects Turkey's economy to shrink by 5.4 percent in 2020 due to…
Turkish cenbank chief defends crisis-era drop in reserves
The head of Turkey's central bank mounted a defense of its crisis-era policies on Thursday, downplaying a sharp…