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Tuesday, September 13 2011 , Your time is 15:58:00
A 30,000-square-meter green area by the sea in Istanbul’s coastal Büyükçekmece district, known as Albatros Park, has been sold to two companies that bid through a joint venture in a tender on April 11.
ANKARA/ANTALYA - Anadolu Agency
A right policy mix is essential for countries to cope with or avoid economic shocks, the Turkish Central Bank Governor said April 3.
Vahap Munyar - LONDON
The head of the European Bank for Reconstruction and Development (EBRD) has said the bank does not expect Turkey’s strained ties with Europe to spill over to their economic relations, adding that Turkey will likely become the top recipient of the lender’s funds in 2017.
Turkey’s annual inflation hit its highest in more than nine years in March, surging 11.29 percent, as the prices of food, transportation and alcohol all showed double-digit increases, official data showed on April 3.
JOHANNESBURG - Reuters
Ratings agency Fitch downgraded South Africa’s credit rating to sub-investment grade on April 7, saying a recent cabinet reshuffle that saw respected finance minister dismissed will likely result in a change in economic policy direction.
Turkey's economy expanded at a rate of 2.9 percent in 2016, the Turkish Statistical Institute reported on on March 31.
VALETTA - Agence France-Presse
Greece agreed on a fresh set of reforms with its eurozone creditors on April 7 with hopes that Athens could unlock bailout cash in time to avert a debt default just months away.
Turkey’s Economic Confidence Index improved for the second straight month in March, rising 5 percent to 96.1, data from the Turkish Statistics Institute (TÜİK) showed on March 30.
BURSA - Anadolu Agency
Turkey needs a more comprehensive approach to price stability in the light of experience gained in the last 10 years, the country’s Central Bank governor said March 25.
Over 407,000 new jobs were created between Jan. 1 and March 27 in Turkey, a top official has said, adding that around 1 million new jobs were expected to be offered by June
Turkey’s perception abroad is poor, but the country is not in that bad a position, Deputy Prime Minister Mehmet Şimşek has said, adding that Turkey’s narrative would remain robust in the medium and long term with the realization of a number of key reforms.
A top Turkish official has said a technical delegation will visit the United Kingdom to discuss the in-cabin ban on electronic devices, adding that he believes the U.K. will likely lift the ban for flights from Turkey
The Central Bank expects economic activity to pick up gradually this year, while acknowledging that data for the first quarter suggests the recovery is not yet widespread, according to the minutes of its latest policy meeting published on March 23.