Government of Turkey

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The Turkish Lira sank to a new low against the dollar yesterday, more than a week after the reelection of President Recep Tayyip Erdoğan.

The currency, which was propped up by the Central Bank before the presidential election, fell 6.7 percent to 23.16 liras per dollar in the afternoon trade.

President Katerina Sakellaropoulou met with caretaker Foreign Minister Vasilis Kaskarelis on Wednesday, with the minister briefing the president on his recent trip to Ankara on the occasion of President Recep Tayyip Erdogan's swearing-in ceremony.

Kaskarelis had also discussed migratory flows in a phone call with newly sworn Turkish Foreign Minister Hakan Fidan on Tuesday.

President Recep Tayyip Erdoğan held separate phone talks with his Russian and Ukrainian counterparts, Vladimir Putin and Volodmyry Zelensky, respectively, amid escalation in the ongoing war between the two neighbors.

Vice President Cevdet Yılmaz and the ministers of the new cabinet of President Recep Tayyip Erdoğan have taken oath at the parliament to officially start their job.

Yılmaz and the ministers came to the parliament to take oath on June 7 after taking over their jobs from their predecessors.

The Workers' Party of Turkey, TIP, holds a protest in Istanbul. Photo: Workers' Party of Turkey

"We demand respect for the will of the people of Hatay," the TIP said in a statement.

"What is happening is against the constitution in every way. End this illegality and enforce the laws from which you derive your authority," it added.

One of the first things the government will do is to strengthen the family by protecting it from aberrant trends, President Recep Tayyip Erdoğan has said, informing that his government will submit a constitutional amendment to this end.

Turkey's lira plunged 7% to a record low on Wednesday in its biggest daily selloff since a historic 2021 crash, as the newly-elected government appeared to loosen stabilizing measures in its pivot to more orthodox policies.

The lira has come under pressure since President Tayyip Erdogan was re-elected on May 28. It stood at 22.98 against the dollar at 0735 GMT.

Turkish authorities have arrested and imprisoned a 16-year-old teenager for adding a mustache to an election campaign poster featuring President Recep Tayyip Erdogan, as reported by AFP citing local media.

Turkish President Tayyip Erdogan said on Tuesday that Ankara is determined to resolve the high cost of living problems, adding that the latest data strengthens the government's hand in the fight against inflation.

The top jobs at the Foreign and Defense ministries in the new Turkish government have been filled by individuals who are no strangers to Greece, albeit for different reasons.