Government of Turkey

Turkish President Recep Tayyip Erdoğan on Nov. 30 again rejected the idea of raising interest rates.

"With the new economic model, we reject out of hand the policy of attracting hot money with high interest rates," Erdoğan said in an interview on state TV.

"We will support production and exports with lower rates," Erdoğan stated. 

Main opposition Republican People's Party (CHP) leader Kemal Kılıçdaroğlu on Nov. 30 called on the government to take steps to ease the loan pressure on farmers and tradesmen.

"Agricultural Credit Cooperative is choking the farmers with 71 percent interest," Kılıçdaroğlu said, speaking at the CHP's parliamentary group meeting.

Metin Gürcan, a founding member of the opposition Democracy and Progress Party (DEVA), has been arrested and sent to prison over political and military espionage pending trial.

Gürcan, a former soldier, was detained on Nov. 26 in Istanbul as part of an investigation launched by the Ankara Chief Prosecutor's Office.

Enver Altaylı, a former official of the National Intelligence Organization (MİT), had exchanged emails with CIA agents, showed a detailed ruling of a court that handed him a lengthy prison sentence for political and military espionage earlier this month.

Afghanistan's economy should be revived to prevent a refugee crisis that will affect our entire region, President Recep Tayyip Erdoğan said on Nov. 28, speaking at the 15th Leaders' Summit of the Economic Cooperation Organization held in Turkmenistan.

Turkish President Recep Tayyip Erdoğan visited Ashgabat on Nov. 27 to pay an official visit and attend the 15th Summit of Heads of Member States of the Economic Cooperation Organization (ECO) at the invitation of Turkmenistan President Gurbanguly Berdimuhamedov.

Turkey would never be deterred from its production-, employment- and current account balance-oriented economic program, President Recep Tayyip Erdoğan has said on Nov. 26, addressing to citizens in the western province of İzmir.

Turkey delivers the first phase residences and shops to the earthquake victims in the western province of İzmir, President Recep Tayyip Erdoğan said on Nov. 26.

"After the İzmir earthquake, we decided to build a total of 5,074 residences and 353 shops. We promised to start delivering them within a year," Erdoğan said, attending the earthquake housing delivery ceremony in İzmir.

The co-chairman of the Green Party, Cem Ozdemir, speaks at a regional party conference in Berlin, 30 September 2017. Photo: EPA-EFE/FELIPE TRUEBA

Ozdemir is a senior Green politician representing the party's reformist wing whose parents came to Germany from Turkey as "guest workers" in the 1960s.

Dinlebi, Turkey's largest audiobook platform, has secured 515,000 euros of funding during its second seed round.

Dinlebi plans to use the investment to expand its userbase both in Turkey and in foreign markets, according to a company statement.