Turkey's annual inflation rate is projected to rise to 15.45% in February, an Anadolu Agency survey found on Feb. 26.
Turkey's annual inflation rate in January was 14.97%, up 0.37 percentage points from the previous month.
The Turkish Statistical Institute will announce February's consumer prices index on March 3 Wednesday.
Energy producer Nuclearelectrica, the operator of the Cernavoda nuclear power plant, closed last year with a net profit of 684.7 million lei, by 27.8 percent higher compared to 2019, according to a company statement issued on Thursday. The company's energy output was 10,558 GWh, up 2 percent from the year before.
Moody's on Feb. 24 revised Turkey's economic growth forecast to 1.1% for 2020 from a 5% contraction and 3.5% for 2021 from 4%.
According to a report published by Moody's, the country's rate for 2022 was also revised up from 4% to 5%.
The report noted gross domestic product (GDP) is expected to increase in all G20 economies.
Energy consumers should not panic or rush to conclude new contracts, because they can make this change at any time, in the context of market liberalization from January 1, Manfred Paasch, general manager of E.ON Romania, told an interview for AGERPRES. He is convinced that, a year after liberalization, the market will look completely different.
The representatives of the Publisind Federation are protesting on Wednesday in front of the Presidential Administration against the salaries' and bonuses' freezing and not indexing pensions with the inflation value, as well as for a rise in the minimum wage, linked with the prices' hikes. "We are public workers and this should not be a stigma!
Ljubljana – The Constitutional Court has stayed the implementation of provisions of the seventh economic stimulus law under which employers may unilaterally and without grounds terminate the employment contract when a worker meets old-age retirement criteria. The constitutional review was initiated by trade unions.