Mortgages with lower rates and longer maturities will be offered to middle income Turks looking to buy new housing, Turkish Finance Minister Nureddin Nebati said on Wednesday.
Nebati told a news conference the mortgage loans with amount up to 5 million lira ($266,823), will have up to 15 years maturity and rates will start from 0.69%.
The wages of active and retired public servants will be increased by 25%, Turkey's President Tayyip Erdogan said on Tuesday, after annual inflation fell to around 64% due to base effects.
Speaking at an event in Ankara, Erdogan said the government saw inflation, which hit to its 24-year-high in October, falling further in 2023. [Reuters]
Turkish Foreign Minister Mevlüt Çavuşoğlu attended the swearing-in ceremony on Jan. 2 of Luiz Inacio Lula da Silva, who returned to power as Brazil's president for a third term.
"Attended oath taking ceremony of @LulaOfficial, President of #Brazil. Conveyed President (Recep Tayyip) Erdogan's message of congratulations," Çavuşoğlu said on Twitter.
Recep Tayyip Erdogan’s “pro-Russian tilt” has grown louder in recent weeks, as Vladimir Putin clearly looks for Erdogan to stay in power
Amidst a political uproar over the National Intelligence Agency's tapping of the phone of centre-left Pasok-Kinal leader Nikos Androuakis, New Democracy MP Charalambos Athanasiou, the second deputy speaker of Parliament and a former justice minister, cited Muslim MPs of ethnic Turkish origin as an example of legitimate surveillance of an MP by Greece's National Intelligence Service for reasons