Tuesday, September 13 2011 , Your time is 15:58:00
Property sales to foreigners in Turkey continued to rise in August, as a total of 1,684 houses were sold to foreign nationals with an 11.4 percent year-on-year increase, official data showed on Sept. 25.
Turkey aims to hit annual economic growth of 5.5 percent until 2020 in its medium-term economic program, Prime Minister Binali Yıldırım said on Sept. 25.
Turkey should be able to sell its olive oil to European Union markets in a customs-free manner, just like it can do for olives, rather than on inward-processing model, to give a boost to its exports, a leading sector player has said.
The capital Ankara again had the highest annual average equalized household disposable income in Turkey in 2016 at 26,486 Turkish Liras, followed by Istanbul and the Aegean province of İzmir, according to the results of an official survey published on Sept. 25.
Confidence among German businesses eroded slightly in September, a regular survey published on Sept. 25 found, reflecting uncertainty ahead of a general election on Sept. 24 that has left Chancellor Angela Merkel facing tricky coalition talks.
French Prime Minister Edouard Philippe announced plans on Sept. 25 to pour 57 billion euros ($67.8 billion) into modernizing France’s sluggish economy, with a hefty chunk set aside for making it more environmentally-friendly.
Turkey’s Central Bank expects economic growth to remain robust in the third quarter following a 5.1 percent growth rate in the second quarter.
The Turkish currency continued its recovery against the U.S. dollar on Sept. 11, after the country’s official statistics authority announced soaring economic growth.
Britain’s unemployment rate has fallen to a new year 42-year low, official data showed on Sept. 13, but wages growth remains far below overall inflation.
Lukoil plans to keep pumping 100 million tons of oil per year between 2018 and 2027 with projects outside Russia and will keep annual investment at $8 billion-$8.5 billion, the chief executive said on Sept. 23.
Turkey’s Ağaoğlu Group has said it signed a letter of intent with investors from China and Hong Kong to build a 12 million square meter tourism city in Bodrum