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Tuesday, September 13 2011 , Your time is 15:58:00
The Turkish government has collected 21 billion Turkish Liras ($5.9 billion) in line with the latest debt and tax restructuring plan, a top official has said, adding that a fresh system would slash the need for another restructuring plan
Fitch ratings agency has increased its national long-term rating on İzmir, the third largest province in Turkey on the Aegean coast, to its top grading “AAA” from the current “AA+” with a stable outlook.
Turkey and Russia signed a declaration in Istanbul on May 22 to remove restrictions on bilateral trade that were imposed after a jet crisis in 2015.
A number of parts of buildings on the Galatasaray Islet in Istanbul’s Bosphorus were demolished early on May 28, after the rejection of an evacuation order by one of its tenants
The Turkish government’s measures to ease skyrocketing prices are ready to be applied, amid aims to gradually bring down inflation rate to single digits again, a top official announced on May 22.
The Turkish Football Federation (TFF) announced that the word “arena” had been removed from the names of all stadiums in the country on May 27, state-run Anadolu Agency has reported
The Organization of Black Sea Economic Cooperation (BSEC), which brings together the countries of the Black Sea, is seeking to keep in step with the changes around it after a quarter-century of development. The organization is looking to direct more attention toward projects, according to BSEC Secretary-General Michael B. Christides
High interest rates are a tool of exploitation, President Recep Tayyip Erdoğan said on May 24, adding that he would ensure the issue is kept on the agenda
ATHENS - Agence France-Presse
Greece told its EU-IMF creditors on May 21 there should be “no excuse” for delays to debt relief payments now that Athens has “fulfilled its obligations” with new austerity cuts.
Russia is in contact with Turkey after Ankara imposed restrictions on Russian wheat supplies, Kremlin spokesman Dmitry Peskov told reporters on May 24, Reuters has reported
The Greek parliament late May 18 adopted a new round of austerity cuts which the government hopes will secure a pledge of debt relief and loan disbursements by EU-IMF creditors this month.
Turkish authorities seized or appointed an administrator to a total of 879 companies worth 40.3 billion Turkish Liras ($11.3 billion) in assets in the eight months since the failed coup last July, the state fund that runs the firms said on May 24
The state of emergency that was declared in Turkey in the aftermath of the failed July 2016 coup is no hurdle for business, President Recep Tayyip Erdoğan said May 18 amid concerns from top business figures