Latest News from Turkey

Turkey in Japan

Last week, Turkey had a strong presence in Japan. A wide delegation under the leadership of the Prime Ministry Disaster and Emergency Management Authority (AFAD) attended the U.N. world conference on ?Disaster Risk Reduction.? The summit was held in Sendai, a town in the northeast of the country.

Is Erdo?an different from Israel's Netanyahu?

There is a major difference between the upcoming parliamentary elections and previous ones: This is the first time President Recep Tayyip Erdo?an has asked for votes from the Turkish people for ?himself.?

Imagine what Turks went through during WWI

On March 18, 1915, British and French naval forces launched a campaign on Turkish positions in the Dardanelles. They failed. The date has been ingrained in my head since childhood. Every March 18, my grandfather Ömer Kemal, may God rest his soul, started the day by asking all of us the significance of the date.

Tremors of WWI still felt in Middle East today: Eugene Rogan

The author of a major new history of the Great War and the fall of the Ottoman Empire, Oxford University Professor Eugene Rogan, tells the Hürriyet Daily News that the effects of the conflict are still being felt in the region 100 years later.

Turkey's Halkbank acquires Cacanska banka

BELGRADE - Turkey's Halkbank, which formally acquired Cacanska banka on Friday, intends to expand operations in Serbia through supporting investments, Serbian Finance Minister Dusan Vujovic said.

Halkbank buys Serbia's lender for 10 mln euros

Turkey?s state-run Halkbank said on March 20 it has signed a deal to buy a 76.76 percent stake in Serbian lender Cacanska Banka for 10.1 million euros ($10.9 million).

Cacanska Banka has a 1.1 percent market share and assets of 263 million euros.

PM Davuto?lu slams CHP and HDP leader over Gallipoli ceremonies

Turkish Prime Minister Ahmet Davuto?lu has criticized the leaders of the main opposition Republican People?s Party (CHP) and the Peoples? Democratic Party (HDP) over their recent statements on the 100th anniversary of the Gallipoli Campaign.

EU Ready to Finance Bulgaria-Greece Gas Link, PM Borisov Says

Bulgaria's Prime Minister Boyko Borisov said on Friday he has been assured by EU energy chief Maros Sefcovic that the European Commission will finance the construction of a gas interconnection between Bulgaria and its southern neighghbour Greece.

"I believe we'll be able to build it using European funds," Borisov told reporters in Brussels following a EU Council meeting.

MHP to hold congress on same day as Nevruz

The Nationalist Movement Party (MHP) will hold its annual congress on March 21, on the same day as the Nevruz Festival, where a message from the jailed leader of the outlawed Kurdistan Workers' Party (PKK) Abdullah Öcalan is set to be read out in Diyarbak?r.

Bulgaria to Seek Juncker Plan Funding of EUR 1.410 B for 6 Energy Projects

Bulgaria will seek EUR 1.410 B under the Juncker Plan for energy projects, according to Energy Minister Temenuzhka Petkova.

Speaking Friday in Parliament, she responded to a question of socialist MP Krasimir Yankov about Bulgaria's proposals for Juncker plan funding in the sphere of energy.

Europe needs eastern gas links to curb Russian dominance: US

U.S. energy envoy Amos Hochstein urged southeast European states to build new gas links and focus on smaller projects to curb reliance on supplies from Russia, rather than blockbuster pipeline deals.

Antalya, St Petersburg airports' co-owner hit by Russia crisis

German airport operator Fraport is suffering from the crisis in Ukraine and Russia, with ruble weakness hitting passenger numbers and retail spending, and St Petersburg airport, in which it owns a stake, in financial difficulties.

China approves ICBC purchase of 75 pct stake in Turkey's lender

Chinese authorities have given Industrial and Commercial Bank of China approval to buy a 75.5 percent stake in Turkey?s Tekstilbank, the Turkish lender said on March 20, bringing the $316 million deal closer to completion.

Suspects in Turkey's espionage probe face life sentences

The Gölba?? Public Prosecutor?s Office in Ankara has completed its investigation into suspects detained in an operation launched on claims that they wiretapped and spied on figures including then-Prime Minister Recep Tayyip Erdo?an, demanding life sentences for 28 people.

Switzerland Helps Albania Build Gas Market

Beatrice Maser, director at the Swiss State Secretariat for Economic Affairs told BIRN that Switzerland was offering Albania a grant to help it "reap the full benefits of the TAP", the Trans Adriatic Pipeline.

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