Turkey is trying desperately to halt a collapse in its currency that could trigger an economic crisis just as the country prepares to vote in an election. Turkey is trying desperately to halt a ...

By Akin Nazli in Belgrade Turkey’s official gross domestic product (GDP) expanded by 3.7% y/y in 3Q25, the Turkish ...

Things have also improved in other areas. Turkey’s new interior minister, Ali Yerlikaya, has launched a belated crackdown on organised crime. The evening news regularly features footage of police ...

ANKARA (Reuters) -Turkey's economy has returned to a "positive cycle" after market turbulence in March, Finance Minister Mehmet Simsek said on Sunday. All financial indicators including gross foreign ...

LONDON (Reuters) -Recent political events in Turkey stymied the country's path to slowing inflation and the fallout affected the economy as well as foreign exchange reserves, the European Bank for ...

Turkey’s economy is in tatters as runaway inflation and a collapsing lira are pushing millions of Turks to the brink of financial ruin and slamming factories, farmers and retailers across the country.

A teller counts US dollar bills at an exchange office in Ankara, Turkey, July 20, 2023. — ADEM ALTAN/AFP via Getty Images ANKARA — Turkey's annual consumer inflation rate exceeded 75% in May, the ...

FILE - Governor of the Central Bank of Turkey Hafize Gaye Erkan poses for a photograph at her office in Ankara, Thursday, July 6, 2023. The governor of Turkey’s central bank has resigned only months ...

As Trump threatens to destroy Turkey's economy and Kurds die, many wonder if penalties will have teeth President Donald Trump said Monday that he is prepared to "swiftly destroy" Turkey's economy with ...

The Turkish Foreign Ministry spokesman has condemned Ukrainian drone attacks on two Russian “shadow fleet” oil tankers in the ...

With Turkey’s inflation surging and a balance-of-payments crisis looming, President Recep Tayyip Erdogan has been forced to backpedal hard on his highly unorthodox economic policy by finally allowing ...

If ever a country needed an International Monetary Fund (IMF)-supported economic adjustment program, it has to be Recep Tayyip Erdoğan’s Turkey. The IMF could help the country’s president, who won ...