Turkish lira

Turkish lira is hitting record lows as elections loom

The Turkish lira fell to an all-time low against the US dollar on Tuesday as uncertainty loomed over the outcome…

19 April 2023

Turkey tops the "Misery Index": Where does Greece rank?

Citizens in Turkey are feeling the heat of soaring inflation rate coupled with a high unemployment rate. Consumer prices are…

10 February 2022

Turkey violates Greek airspace SIXTY times in a single day

Turkey violated Greek air space a massive sixty times in a single day on Sunday. Isolated over the Aegean Sea,…

7 February 2022

Turkey's collapsing economy and the Finance Minister that asks people to see the "shine in my eyes"

When asked last month by Turkey's new Finance Minister Nureddin Nebati to give details of an initiative aimed at halting…

23 January 2022

Erdoğan's plan to take the jewellery of Turkish citizens

The jewels of Turkish citizens seems to be in the target of the Erdoğan government as part of their solution…

22 January 2022

Erdoğan's indirect response to Greek Rafales: We make our own planes and big countries demand them

In an indirect manner, Turkish President Recep Tayyip Erdoğan responded yesterday to Greece acquiring the first six of 24 French-made…

21 January 2022

Erdoğan claims foreign conspiracy over the Central Bank reserves he burns and sends investors running

The statement that he was protecting the Turkish economy from "attacks by foreign financial instruments that could disrupt the financial…

15 January 2022

Turkey's economic crisis: "People are hungry, I'm sick because I do not have heating"

Turkish citizens are selling their clothes to buy food. A man asks security guards outside a factory if he can…

23 December 2021

Erdoğan supporters celebrate on the street as Turkish lira makes slight recovery

The rise in value of the Turkish lira brought to the streets supporters of President Recep Tayyip Erdoğan in the…

23 December 2021

Erdoğan on collapsing lira: "God willing, inflation will fall"

The Turkish lira, which lost another 6% of its value against the dollar, plunged again today after President Recep Tayyip…

20 December 2021

Former Minister Suggests Printing "Turkish Dollars" to overcome currency crisis

Customised Turkish dollars... was proposed by former Health and Tourism Minister Bülent Akarcalı in the struggle to overcome the slump…

18 December 2021

Turks queue for bread as Erdoğan demands recognition of Occupied Northern Cyprus

In an effort to disorient public opinion in Turkey over the country's economic collapse, Recep Tayyip Erdoğan is re-investing in…

30 November 2021

Greek living in Istanbul: I have lost 50% of my income in euros since the lira collapsed

On the one hand, Turkish citizens continue to form queues outside supermarkets and gas stations due to inflation and income…

27 November 2021

Greek Businesses Keep Close Eye on Turkey Interests Amidst Lira Meltdown

Greek companies with billions of euros of investments in Turkey are keeping a close eye on developments in the neighbouring…

27 November 2021

Erdoğan is trying to divert public attention away from the Turkish lira and onto Greece

President Recep Tayyip Erdoğan is trying to divert public attention away from the serious livelihood problems that a large portion…

27 November 2021

Turkish lira continues to slide after interest rate cut

The Turkish lira continued to slide and reached a record low against the US dollar Friday, a day after the…

23 October 2021

Turkish currency continues decline; takes record low plunge under Erdogan's monetary 'strategy'

The course of the Turkish national currency remains a major challenge for the Turkish President's finance team, as the lira…

12 October 2021

If the Turkish economy collapses, banks in Europe will "fall"

A report in German newspaper Die Welt by Holger Zschäpitz, titled "Erdogan has strong allies especially in Europe," wrote that…

20 September 2020

Have Spanish and Italian banks guided their countries policies towards Turkey?

Italy and Spain were certainly countries that were indifferent to Turkey's aggression against Greece that began in November 2019 when…

16 September 2020

Back to turning Christian churches into mosques, the gas find is not adequate for Erdoğan

Whenever you want to know how good or bad a situation in a country is, observe how serious investors are…

22 August 2020

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