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Tuesday, September 13 2011 , Your time is 15:58:00
The International Monetary Fund late on July 20 approved a one-year, $1.8 billion loan program for Greece but will not release any funds until the eurozone agrees on a debt relief plan, in a highly unusual compromise step.
LONDON - Reuters
The British government should agree an implementation period for curbs to immigration from the European Union after Britain leaves the bloc to allow businesses time to adapt, a committee of lawmakers said in a report published on July 21.
LM Wind Power, a subsidiary of GE Renewable Energy, announced the start of production at its wind turbine blade factory in Turkey on July 13
Noyan Doğan - ISTANBUL
Heavy rainfall and flash floods that hit Istanbul in the early hours of July 18 have costed insurance companies 200 million Turkish Liras ($57 million), according to experts
Turkey’s current account deficit was $5.24 billion in May 2017, up $2.13 billion year-on-year, official data revealed on July 13
Turkey’s consumer confidence index was higher month-on-month in July, data from the Turkish Statistical Institute (TÜİK) revealed on July 20.
The Organization of the Petroleum Exporting Countries (OPEC) and U.S. shale producers will continue “productive” meetings, the cartel’s Secretary-General Mohammad Barkindo said on July 12
The International Monetary Fund (IMF) has praised Turkey’s progress in fiscal transparency practices in a new report.
ISTANBUL – Anadolu Agency
“Prime Minister Binali Yıldırım has said Turkey’s domestic contributions in the defense industry have surpassed 60 percent.”
ANKARA - Anadolu Agency
Turkey ran a budget deficit of 25.2 billion Turkish Liras (about $6.9 billion) this January to June with fiscal measures to stimulate the economy costing nearly 12 billion liras ($3.3 billion), Finance Minister Naci Ağbal said on July 17.
Turkey’s economic growth is expected to reach close to 6 percent in the second quarter of 2017 and exceed 5 percent by the end of the year, Turkish Science, Industry and Technology Minister Faruk Özlü has told Reuters.
BEIJING - Reuters
China’s economy grew faster than expected in the second quarter as industrial output and consumption picked up and investment remained strong, though analysts expect slower growth over the rest of the year as policymakers seek to reduce financial risk.
Ankara is continuing efforts to implement further structural economic reforms, Deputy Prime Minister Nurettin Canikli said on July 5.