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Youth unemployment hits record high in Turkey
Turkey's unemployment rate in the age group of 15 to 24 years has surged to 27.4 percent in the August 2019 period…
Turkey’s minimum wage not enough to buy food, trade union says
A typical four-member family living off the minimum wage would not be able to make ends meet, with even basic food…
Turkey hikes electricity prices by 14.9 percent as of October 1
Turkey's electricity consumers have been whacked with a 14.9% price hike from October 1, with the result that…
Turkey hit by another diesel price hike
Turkey's economy is set to take another knock as authorities increased the price of diesel.
A Turkish court orders assets of Erdogan ally’s construction company…
The Bakırkoy Commercial Court in Istanbul ordered the seizure door assets of Nas Construction, the owner of which, …
47,000 Turkish citizens owe more than 1 million lira in tax debts
The number of people with tax debts of more than 1 million lira increased by 51 percent to 47,032 people from…
Turkey’s annual inflation rate slipped to 15.01% in August
The Turkish Statistical Institute (TUIK) announced on Tuesday that the country’s inflation rate increased 0.86…
Istanbul Municipality increases taxi fare by 25 percent
The Istanbul Metropolitan Municipality has announced a significant price increase in the average taxi, school bus…
Flash Crash Hits Turkish lira, plummeting 15% in seconds
The Turkish lira fell more than one percent against the U.S. dollar on Monday and fell to as low as 6.38 to the…
Turkish lira weakens as Central Banks’ reserve ratio requirements revised
The Turkish lira yesterday lost 1.34 percent of its value against the US dollar and traded at 5.6579 in the…