Latest News from Turkey
Israeli group plans to sell stakes in Turkish bank
Israel's Hapoalim Investment has plans to sell a majority stake in Turkish BankPozitif, amid political coolness between Israel and Turkey, according to sources.
BankPozitif Chairman Hasan Akçayal?o?lu confirmed various talks for a possible sale are the case, but there has not been any official decision yet.
Turkish industrial output up in March
Industrial production in Turkey increased 4.7 percent in March, compared with the same month last year, the Turkish Statistical Institute (TÜ?K) said in a statement on May 8.
Total output increased 2.2 percent from the previous month, the statement said. The new figure was the strongest industrial output figure since October of last year.