Official Gazette

330 more academics expelled with state of emergency decree, stirring debate in Turkey

A total of 330 academics were expelled with a new state of emergency decree published in the Official Gazette late on Feb. 7, drawing criticism from the opposition and the scholars themselves about the effect the moves will have on education.

The academics were among 4,464 public workers who were expelled as part of the decree. 

Turkey's real estate sector to see $1 bln in new revenue in 2017 on citizenship deal: Official

Turkey's real estate sector is expected to see more than $1 billion in additional revenue in 2017 after a move to give citizenship to some foreigners who buy and hold Turkish property, a senior economy official told Reuters.

Under the plan, foreigners who buy property worth at least $1 million and hold it for three years will become eligible for Turkish citizenship. 

Russia's Gazprom, Allseas Group sign Turkish Stream contract

Russia's Gazprom said on Dec. 8 it had signed a contract with Switzerland's Allseas Group S.A. to build the first stage of the Turkish Stream pipeline, as reported by Reuters. 

Gazprom said this week work on the underwater section of the Turkish Stream pipeline would get underway in the second half of next year.

Turkish gov't hikes tax on cigarettes, alcoholic drinks

The Turkish government has raised the special consumption tax on alcoholic drinks and tobacco products, according to a notice in the government's Official Gazette on Dec. 1. The move is expected to push up prices by some 3-6 percent.

The increase coincides with a sharp decrease in the value of the Turkish Lira and follows hikes in special consumption taxes on luxury cars. 

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