Turkey’s fund scandal raises fears of greater fallout for 269,000 businesses
Levent Kenez/Stockholm Nearly 269,000 small and medium-sized businesses in Turkey are facing debt collection proceedings, leaving the country's industrial supply ...
Tag: Turkish economy
Turkey risks recession as massive fund scandal implicates Erdogan’s family and inner circle
Abdullah Bozkurt/Stockholm Turkey faces a growing risk of recession as a massive investment fund scandal threatens confidence in its financial ...
Erdogan keeps funding Islamist foundation abroad even as Turkey’s economy under strain
Levent Kenez/Stockholm Turkish President Recep Tayyip Erdogan has signed off on a record 7.51 billion lira budget ceiling for the ...
Turkey shelves ‘Blue Homeland’ bill before NATO summit, but Erdogan will keep it as election card
Levent Kenez/Stockholm The Turkish government has postponed parliamentary action on a controversial maritime jurisdiction bill associated with the country’s “Blue ...
Erdogan’s proposal risks deepening Turkey’s role in illicit finance networks
Abdullah Bozkurt/Stockholm A sweeping tax proposal unveiled by Turkish President Recep Tayyip Erdogan last week — promising a 20-year exemption ...
New bill shows the EU has huge leverage over Turkey in trade
Abdullah Bozkurt/Stockholm The European Union’s new emissions rules and emerging local-content requirements are pushing Turkey’s automotive industry toward a critical ...
Turkey’s new economy czar is no golden boy, helped Erdoğan suspend the rule of law
Abdullah Bozkurt/Stockholm Turkish President Recep Tayyip Erdogan has tapped former finance minister Mehmet Şimşek as his new point man to save ...
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