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Posted on March 25, 2021

Greece, Cyprus want ‘credible implementation’ of EU dual-track approach to Turkey

The European Union must ensure “credible implementation” of a dual-track approach to relations with Turkey, mixing the prospect of deeper trade ties with a threat of economic sanctions, Greece’s prime …

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Posted on March 25, 2021

Burak Yilmaz hat-trick helps Turkey to surprise victory over the Netherlands

Burak Yilmaz scored a hat-trick as the Netherlands slumped to a surprise 4-2 defeat to Turkey in the first game of their 2022 World Cup qualifying campaign. Yilmaz’s deflected shot put Turkey ahead in …

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Posted on March 25, 2021

Yilmaz nets hat trick as Turkey beat Netherlands 4-2

Veteran striker Burak Yilmaz scored a hat trick as Turkey stunned the Netherlands 4-2 on Wednesday in the opening game of European World Cup qualifying. The 35-year-old …

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Posted on March 24, 2021

Turkey’s Central Bank Chief May Have Little Time to Repair Trust

If the experience of Sahap Kavcioglu’s most recent predecessors is any indication, Turkey’s new central-bank chief has little time left to win back the trust of foreign-exchange traders — or he may …

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Posted on March 24, 2021

Turkey’s Central Bank Chief May Have Little Time to Repair Trust

If the experience of Sahap Kavcioglu’s most recent predecessors is any indication, Turkey’s new central-bank chief has little time left to win back the trust of foreign-exchange traders — or he may …

( read original story …)



Posted on March 24, 2021

After History of Erratic Economic Policy, Erdogan Plunges Turkey Into Fresh Turmoil

The surprise ouster of Turkey’s central bank governor added another chapter to years of unpredictable economic policy, spooking foreign investors and possibly sowing the seeds of a financial crisis.

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Posted on March 24, 2021

Erdogan Urges Investors to Trust Turkey’s Economy, Potential

Turkish President Recep Tayyip Erdogan has urged investors to have confidence in Turkey’s economy days after he fired his third central bank governor in less than two years.

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Posted on March 24, 2021

U.S. urges Turkey not to keep Russian S-400 air defense system: State Dept

U.S. Secretary of State Antony Blinken, in a meeting with Turkish Foreign Minister Mevlut Cavusoglu on Wednesday, urged Ankara not to retain Russia’s S-400 missile defense system, the U.S. State …

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Posted on March 24, 2021

Erdogan says market volatility does not reflect Turkey’s economic reality

President Tayyip Erdogan said on Wednesday that recent volatility in financial markets does not reflect the Turkish economy’s realities and that international investors should maintain their …

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Posted on March 24, 2021

Turkey’s Economic Turmoil Poses Challenge for Retailers

The sacking of Turkey’s central bank head, Naci Ağbal, by president Recep Tayyip Erdoğan over the weekend, once again puts the country’s economy under pressure. On Monday, the Turkish lira lost 15 …

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