Turkey's government

Ankara Gives 11 Days Leave to Outmigrants for Bulgaria's Elections

Turkey's government has issued an order stating people with dual citizenship may use 11 days of administrative leave in order to take part in the campaign for the parliamentary vote in Bulgaria and vote at their birthplaces.

The order is secret and has been circulated to all state institutions. The length of leave is from March 20 to March 31.

Moody's revises outlook of 14 Turkish banks to negative

Moody's Investors Service has taken rating actions on 17 Turkish banks, changing the ratings outlook from stable to negative on 14 of the lenders.

The ratings of one additional bank were also downgraded with a negative outlook, while the ratings of two other banks were affirmed with outlooks unchanged.

Turkish Threat to Scrap EU Refugee Deal Questioned

Turkey is unlikely to act on recent threats uttered by Turkish Interior Minister Suleyman Soylu who said that they could send 15,000 refugees to Europe a month to shock Europeans.

Soylu issued the threat on Thursday following a diplomatic row between Ankara and Germany and The Netherlands, fuelled by the latter's ban on allowing Turkish ministers to stage rallies there.

German government condemns President Erdoğan's Nazi remarks

Germany's government has condemned remarks by Turkey's president accusing officials of "Nazi practices," days after a local authority prevented a Turkish minister from addressing a meeting there.

Chancellor Angela Merkel's chief of staff called Turkish President Recep Tayyip Erdoğan's statements "absolutely unacceptable."

Investors eye $6.45 billion in projects in Turkey's east

Turkey's government has received applications worth 23 billion Turkish liras ($6.45 billion) for regional projects in the country's east, Development Minister Lütfi Elvan said Feb. 24.      

In remarks to the media during a visit to the eastern province of Erzincan, Elvan said, "This is above our expectations."        

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