Erdoğan has to see this movie

What if Russia gets upset by energy pipelines through Turkey to Europe and decides to hit the US in an attack staged in Pennsylvania? Turkish Prime Minister Tayyip Erdoğan has not sent any of his ministers to this year’s American-Turkish Council (ATC) conference; no such thing has happened in many years.

A pleasent surprise in Kayaköy

Deep off the beaten terrain lies the monastery of Afkule; it’s an adventure getting there, so grab your boots and prepare to mosey down some gravel About a 10 minute drive from Kayaköy (between Dalaman and Fethiye) in the direction of Gemiler Island, you can see a sign reading “Afkule Monastery.” I do not know if you ever go off the beaten track, but I can recommend you to do so e

Fitch: NBG subsidiary well positioned in Turkish market

Fitch Ratings said in a new report on Tuesday that second-tier foreign-owned Turkish banks are well positioned to face the challenges inherent in Turkey’s volatile operating environment.

Finansbank, owned by National Bank of Greece (NBG), enjoys the highest net interest margin among the country’s four foreign-owned lenders, reflecting a business mix more focused on retail banking.

Gazprom cuts gas export forecast to Europe, Turkey

Gazprom plans to export 158.4 billion cubic meters (bcm) of gas this year to Europe, including Turkey, down from 161.5 bcm shipped in 2013, the state-controlled company said on June 3.

Gazprom added that the average gas price it was charging its clients in Europe, including Turkey, was $387 per 1,000 cubic meters last year.

Paşabahçe starts talks to acquire French glass household good firm

Şişecam, Turkey’s biggest glassmaker, has said its Paşabahçe unit, which makes tableware and home furnishings, has started talks to acquire shares in Arc International, a French household goods maker.

In a filing to the Istanbul Stock Exchange, Şişecam stated that Paşabahçe had signed a non-disclosure agreement regarding the non-binding talks.

Opera-Ballet company breaks record

The 2013-2014 art season in Turkey hosted the highest number of art lovers ever, according to State Opera and Ballet (DOB) General Arts Director Rengim Gökmen.

“Ankara DOB has already broken the record for audiences. It equalized its own record in İzmir, Istanbul, Mersin, Antalya and Samsun, too. When the season is finished, a record will be broken,” said Gökmen.

Bulgarian Border Authorities Intercept 90kg of Heroin

Bulgarian customs authorities have intercepted 90kg of heroin at two border checkpoints over the past days.

On the afternoon of May 31, an Opel automobile was searched by authorities at the Ruse border checkpoint. Thirty packages adding up to 15.5 kg of heroin were found stashed in the tires. The car was abandoned at the transit area, and police are still searching for the driver.