News archive of February 2017

Quake measuring 4.3 Richter strikes off Pilio

A moderate undersea quake, measuring 4.3 on the Richter scale, struck the area northwest of Pilio shortly before 3 p.m., seismologists said.

The quake was felt in the broader area including the city of Volos.

There were no reports of any injuries or damage.
.

Military makes statement on debate over Hürriyet report

Turkey's military has made a statement on a recent debate over a report in daily Hürriyet that was also heavily criticized by President Recep Tayyip Erdoğan. 

The military said on Feb. 28 that recent "unfounded and ill-intentioned" criticism toward Chief of Staff Gen. Hulusi Akar aimed at casting a shadow on the Turkish Armed Forces' (TSK) struggle against terrorism.

Athens, lenders resume talks on Greek bailout review

Greece and its lenders resumed long-stalled talks in Athens on Tuesday about reforms Greece needs to adopt to keep bailout funds flowing and the crisis-hit nation financially afloat.

Turkcell, Vodafone among top five companies awarded for supporting Syrian refugees

Turkcell, Turkey's biggest mobile operator, and Vodafone, one of top three mobile operators active in Turkey, were honored for their humanitarian work in supporting Syrian refugees at a major sector conference late on Feb. 26.

The award came at the GSM Association's (GSMA) Mobile World Congress in Barcelona.     

Bank deposits at a record low since 2001, shows Bank of Greece data

Bank deposits are at their lowest levels since 2001, according to the Bank of Greece (BoG). The figures released by the BoG revealed that deposit outflows of Greek depositors amounted to 1.567 billion euros in January. The amount of deposits in December of 2016 were up by 2.972 billion euros.

Istanbul experiences Europe's biggest plunge in hotel revenues

Hotels in Istanbul experienced the biggest decline in both revenue per available room (RevPAR) and average daily rate (ADR), a measure of the average rate paid for rooms sold, among all European destinations in January, as the city's hotel occupancy rates continued to decline, fresh data showed. 

Pages