Türkiye

The average home-sale price in Türkiye climbed to 2.54 million Turkish Liras ($96,359) in June, according to data by Endeksa, which collects data on the real estate market.

Home prices climbed by 110 percent year-on-year to 19,653 liras/square meter.

In May, the average sale price was 2.45 million liras.

Türkiye's first electric carmaker Togg will produce a total of 1 million vehicles by 2032, Industry and Technology Minister Fatih Kacır has said.

Some 97 percent of those vehicles will be sold to consumers while the public institutions will buy the remaining 3 percent, the minister told a group of journalists.

Talks are ongoing with carmakers from Europe and Asia, including China, to lure more investments into Türkiye's automotive sector, Industry and Technology Minister Fatih Kacır has said.

"We are hoping that at least one of them will announce an investment decision by the end of the year," he said.

President of Ukraine, Volodymyr Zelensky will pay a visit to Türkiye upon the invitation of President Recep Tayyip Erdoğan to discuss the ongoing Russian occupation of Ukraine and its implications, a week before the key NATO summit. It will be Zelensky's first visit to Türkiye since the war began on Feb. 24, 2022.

In an effort to address Turkish objections to Sweden's accession to NATO, senior officials from Türkiye, Sweden and Finland will gather in Brussels today for a crucial meeting.

President Recep Tayyip Erdoğan has prioritized urban transformation works in the new period following the deadly Feb. 6 earthquakes, which brought to the agenda once again the urgent need and importance of urban transformation works.

Turkish Presidential Foreign Policy Advisor Akif Çağatay Kılıç has engaged in a phone conversation with U.S. National Security Advisor Jack Sullivan on June 27, addressing a range of issues including bilateral relations, tensions between Russia and Ukraine, Greece's recent elections and other regional matters.

Senior officials from Türkiye, Syria, Russia and Iran will hold their second meeting to facilitate the normalization process between Ankara and Damascus and discuss a road map on how to proceed to this end.

Turkish Vice President Cevdet Yılmaz has expressed a firm belief that Turkish Cyprus will gradually overcome the embargoes and embrace global connectivity.

His statement came during a joint press conference with Turkish Cypriot President Ersin Tatar on June 19, where the two leaders discussed economic cooperation and the future of the north side.

Türkiye's President Recep Tayyip Erdoğan said his new economic team's priority will be to cut inflation to single digits from its current level of around 40%.

"Now that the elections are over, our hand is stronger," Erdogan said in a speech to a group of Turkish exporters on June 17.

"We will cut inflation to single digits, that will be the priority of the new economy team."