Tayyip Erdogan

Turkey announces cheaper mortgages for mid-income Turks

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%.

Turkey hikes public wages by 25%

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]

Top Turkish diplomat attends swearing-in ceremony of Lula

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.

ND deputy parliament speaker says Muslim MPs could be surveilled for national security reasons

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