Economic history

Turkey's exports rose by 19.8 percent in March from a year earlier to stand at $22.7 billion, official data have shown.

Russian oil output started to decline in March and had fallen by around 7.5% by mid-April

The P.D.M.A. is waiting for a positive signal to take the new step for a new bond issue. That might be given by Standard and Poor's (S&P) today, Good Friday.

Businesses that earn revenues in foreign currencies, particularly exporters and tourism companies, will be granted cheap loans, Treasury and Finance Minister Nureddin Nebati said at a meeting in the Black Sea province of Samsun on April 15.

Turkey's industrial production rose by 13.3 percent on an annual basis in February, gathering pace from the 7.6 percent year-on-year increase recorded in the previous month, data from the Turkish Statistical Institute (TÜİK) have shown.

The February reading was also above the 8.9 percent rise in the country's industrial output in February 2021.

The U.S. economy ended 2021 by expanding at a brisk 7 percent annual pace from October through December, the government reported Thursday in a slight upgrade from its earlier estimate as businesses stepped up their restocking of supplies.

Germany's economy shrank at a smaller rate in the fourth quarter of last year than originally thought, despite the blows leveled by supply chain woes and the pandemic, official data showed on Feb. 25.

Gross domestic product in Europe's top economy slipped 0.3 percent in the last three months of 2021 compared to the previous quarter, the federal statistics office Destatis said.

The Commission emphasizes the positive prospects of the economy in its report on the conclusion of the 13th evaluation, while it sees the rise in energy prices as a source of uncertainty. It emphasizes, among other things, that Greece has recovered quickly from the pandemic and the prospects remain strong, although they are subject to high uncertainty.

The Bundesbank has said the latest wave of the coronavirus pandemic risked pushing the German economy - Europe's largest - into a technical recession before staging a recovery from the second quarter.

Turkey's president announced a set of measures on Feb. 16 that aim to bring relief to households and businesses reeling from soaring electricity bills.