President Tayyip Erdogan said on Wednesday that Turkey thwarted the speculative financial games from foreign and domestic forces, after the lira rebounded aggressively from record lows in volatile trade this week.
The European Union’s foreign affairs chief Josep Borrell has urged Turkey to sign the UN Convention on the Law of the Sea (UNCLOS).
There are three main reasons for the limited funding of the real economy by banks, the State Audit Council wrote in a report released on Monday: They are nonperforming loans, deferred tax credits and the easing of the payment culture due to delays in the liquidation of bad-loan collateral.
One man drowned and dozens were feared missing after a migrant boat sank off Greece’s Folegandros island, the coast guard said on Wednesday.
ExxonMobil and partner Qatar Petroleum on Tuesday began drilling in Cyprus’ offshore block 10, the country’s Ministry of Energy, Commerce and Industry has announced.
Main opposition leader Alexis Tsipras has reiterated his call for early elections over the country’s response to the coronavirus pandemic.
Greece’s coast guard says dozens of migrants are believed to be missing after a boat sank off the coast of the island of Folegandros.
A search and rescue operation was underway Wednesday near Greece’s island of Folegandros, after an inflatable dinghy carrying migrants apparently sank, authorities said.
AstraZeneca Plc said on Tuesday it is working with Oxford University to produce a vaccine for the Omicron coronavirus variant, joining other vaccine-makers who are looking to develop the variant-specific vaccine.
Turkey’s lira steadied on Wednesday and held gains from what is so far its best week two decades, after the currency charged back from record lows due to President Tayyip Erdogan’s new steps to guard Turks’ savings against such volatility.