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Tuesday, September 13 2011 , Your time is 15:58:00
The International Monetary Fund (IMF) has hailed Turkey’s 2017 economic growth thanks to a strong recovery in the country’s exports in its updated World Economic Outlook
House sales in Turkey saw a decline in June, although sales to foreigners soared by roughly 25 percent, official data showed on July 24
Burak Coşan – SAKARYA
Luxurious villas around Lake Sapanca have been threating the natural beauty in the area, with many of the houses being on demand by Arab tourists and investors in the northwestern province of Sakarya
PARIS - Agence France-Presse
Greece is seeing “the light at the end of austerity”, the EU’s economy commissioner Pierre Moscovici said on July 24, calling the reforms imposed on Athens by its creditors perhaps “too tough” but “necessary.”
NEW YORK – Anadolu Agency
Fitch Ratings on July 21 maintained its ‘BB+’ rating for Turkey with a stable outlook.
Güneş Kömürcüler – ISTANBUL
Indirect taxes on tobacco, alcoholic beverages and automobiles are too high, Turkey’s Finance Minister has said, vowing no further hikes will be made in indirect taxes this year, in a bid to help ease the country’s inflation rate
WASHINGTON - Agence France-Presse
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.
MOSCOW – Reuters
Global pizza brands Domino’s and Papa John’s are preparing an assault on Russia’s provinces, betting they can turn a profit far from Moscow as online card payments become more widespread and consumers get to know foreign brands better
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.
BRUSSELS – Reuters
The European Union calls on the US in a statement to coordinate with it before stepping up sanctions on Russia, raising concerns over the measures discussed in the U.S. Congress
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
ANKARA – Anadolu Agency
Regardless of whatever decisions Germany may take, Turkey will continue to pursue projects for a self-sufficient military apparatus, a top Turkish defense official said on July 22
Turkey’s consumer confidence index was higher month-on-month in July, data from the Turkish Statistical Institute (TÜİK) revealed on July 20.