#Turkey

Finance Minister Nureddin Nebati pitched Turkey’s unorthodox economic policy to investors in London on Tuesday, pledging to keep the exchange rate stable, bring inflation down to single digits and ...

Eda Elal has prepared corpses for burial in accordance with Islamic rituals nearly half her life, but says her job as a “ghassal” in Turkey has never been harder than ...

President Tayyip Erdogan repeated his unorthodox economic policy on Saturday, saying interest rates would be lowered further and inflation would fall as a result, days before inflation data for January ...

Turkey’s central bank has scaled back its currency interventions in January but still spent as much as $1 billion last week to keep the lira steady after last month’s ...

Government spokesman Marios Pelekanos on Tuesday confirmed that the government gave permission for a direct flight to Istanbul to transport a Covid-positive athlete home. According to Turkish Cypriot paper Yeni ...

By Murad Sezer and Bulent Usta A traditional camel wrestling festival in western Turkey that attracts thousands of people every year is drawing criticism from animal rights activists who say ...

President Tayyip Erdogan said on Friday that Turks should keep all their savings in lira and that recent exchange rate volatility was largely under control after the lira weakened sharply ...

In his Christmas message, Archbishop Chrysostomos called on the faithful not to forget their fighting spirit because the “behaviour of the invader” does not allow for any complacency. The message ...

Turkey’s lira rocketed back from record lows in volatile trading on Tuesday after Turkish President Tayyip Erdogan proposed measures to protect local currency savings against such swings. Erdogan introduced ...

Turkey’s lira gained more steam and was up 7% on Tuesday following a historic 25% recovery from record lows, after President Tayyip Erdogan , Turkish liraunveiled a plan he said would guarantee ...

The EU’s foreign ministers on Monday agreed to consider the possibility of measures against those involved in activities in the fenced area of Varosha, but also called for confidence-building ...

President Tayyip Erdogan is expected to hold talks with the central bank governor, finance minister and heads of state banks on Monday, sources told Reuters, as the lira plummeted to ...

Cyprus must align itself with European interests By Achilleas Demetriades The European Council will convene on December 16 to discuss once more the possibility of imposing sanctions on Turkey with regard ...

A resolution condemning Turkey’s aggression towards Cyprus garnered bipartisan support on Friday at the US House foreign affairs committee. Greek Public Broadcasting (ERT)’s DC correspondent Lena Argiri tweeted ...

The Turkish lira edged to near record lows on Friday as concerns about President Tayyip Erdogan’s low interest rate policy were fueled by a central bank survey showing one ...

The discussion on the draft options paper on the EU’s response to Turkey’s actions in Varosha will be continued at the Foreign Affairs Council (FAC) on Monday. The ...

The Turkish lira briefly slid 1 per cent on Monday, again nearing record lows touched last week as concerns persisted over President Tayyip Erdogan’s rate-cutting drive and Qatar said it ...

The US recognises the right of the Republic of Cyprus to develop resources in its exclusive economic zone (EEZ), the state department has said. A spokesperson was asked by Greek ...

Turkish President Tayyip Erdogan said on Saturday he hoped that volatile foreign-exchange and inflation rates would stabilise shortly and he again promised low interest rates, after a historic plunge in ...

Turkey’s reaction to news that the government has awarded the rights for the exploration of offshore Block 5 to the ExxonMobil and Qatar Petroleum consortium, demonstrates, yet again, Ankara’s ...

Turkey on Thursday accused Cyprus of violating its continental shelf by awarding an exploration licence in the Mediterranean to Exxon Mobil and Qatar Petroleum, adding it will not allow unauthorised ...

Turkish President Tayyip Erdogan appointed a strong supporter of his low interest rate drive as minister of treasury and finance on Thursday, replacing the last top official seen to favour ...

Turkey’s lira dipped to 13 to the dollar on Tuesday, resuming a slide towards last week’s record low as strong economic growth data failed to alleviate concerns about a ...

The freefall of the Turkish lira is among the main concerns in the north with people seeing the prices of goods and their loan instalments in foreign currency skyrocket, while ...