Turkey's long boom was built on cheap money, construction and confidence that the state could keep the lira roughly stable ...

Things have also improved in other areas. Turkey’s new interior minister, Ali Yerlikaya, has launched a belated crackdown on organised crime. The evening news regularly features footage of police ...

ISTANBUL, Nov 28 (Reuters) - Near the shores of the Bosphorus, a few minutes' drive from a bay of million-dollar homes and swaying yachts, Jimmy Choo and Prada vie for the affections of the Istanbul ...

Price growth in Turkey fell to its lowest in 49 months in December as the government pledged to back disinflation measures. Annual inflation dropped to 30.89 percent last month, from 31.07 percent in ...

ANKARA (Reuters) -Turkey's economy has returned to a "positive cycle" after market turbulence in March, Finance Minister Mehmet Simsek said on Sunday. All financial indicators including gross foreign ...

LONDON (Reuters) -Recent political events in Turkey stymied the country's path to slowing inflation and the fallout affected the economy as well as foreign exchange reserves, the European Bank for ...

(Bloomberg) -- Turkey’s economy probably cooled last quarter as the central bank moved to tighten monetary policy after May elections, a pivot that’s turning around sentiment among investors without ...

A robust economy, in combination with a stable democratic system, would make Turkey a pillar of stability in an uncertain region. On February 6, a magnitude 7.8 earthquake shook the southern cities of ...

(Bloomberg) -- Turkey’s economy expanded more than expected at the start of the year, bolstered by pre-election spending and strong household consumption, though the rest of 2023 looks bleaker. Gross ...

With Turkey’s inflation surging and a balance-of-payments crisis looming, President Recep Tayyip Erdogan has been forced to backpedal hard on his highly unorthodox economic policy by finally allowing ...

VISITORS TO TURKEY are often surprised to discover that in a country supposedly consumed by economic malaise, the restaurants, at least in large cities, are bursting with customers. But appearances ...

A teller counts US dollar bills at an exchange office in Ankara, Turkey, July 20, 2023. — ADEM ALTAN/AFP via Getty Images ANKARA — Turkey's annual consumer inflation rate exceeded 75% in May, the ...