Eastern Mediterranean

Turkey's economy must embrace its remaining key anchors

For sure, Turkey has been at a historic turning point. Following a fairly tough year, which was full of bomb attacks, a coup attempt and a series of state of emergencies, a key referendum was held on April 16. These have all had an impact on the economy as well. The country has no choice other than to strengthen the few anchors which are left in its hands to maintain the economy. 

Most companies seized by state see financial rebound: Turkish minister

More than 800 companies with total revenue of 30 billion liras have been seized by the Turkish state, mainly in probes related to the July 15 coup attempt, Deputy Prime Minister Nurettin Canikli has said, adding that "most of these companies' financials have seen a rebound since being taken over."

Pages