Localism

The government has a comprehensive agenda for structural reforms in the economy, Treasury and Finance Minister Mehmet Şimşek has said, adding that Türkiye's productivity and competitiveness will be strengthened.

The businessworld, as well as key figures in the Greek economy, see Donald Trump's election to the US presidency this week as an incentive for Europe to act at a faster pace in order to regain its competitiveness.

EU countries on Friday gave a definitive green light to hefty additional tariffs on electric cars made in China, despite strong opposition led by Germany and fears it will spark a trade war with Beijing.

Turkey's machinery exports reached $17.1 billion in 2020, marking a decrease of just 4% despite the novel coronavirus pandemic, an exporters group said on Jan. 20. 

The machinery sector increased its performance by 17.5% in December and 9% in the last quarter, said the statement by the Machinery Exporters' Association (MAIB).

Undoubtedly the global political system has entered a period of instability and we can see that and the resulting complications on a daily basis.

The actions of the US President have undermined the credibility of the once sole superpower.

Δείτε ακόμη: Politico - Το «μισό» θαύμα της Ελλάδας

Turkey breaks export records despite global trade wars and rising protectionism, the country's trade minister said on Aug. 6. 

The population of Bulgaria, Latvia, Poland, Romania, Croatia and Ukraine is declining. In some of these countries - at a drastic pace. And alongside this, the problem of labor shortages is also becoming more and more dramatic.

The European Parliament on Wednesday approved an accord with Japan that has been dubbed the world's biggest trade deal, covering economies that represent a third of the world's GDP, reports AFP.

Greece's industrial sector experienced some deterioration last month according to data compiled by the Foundation for Economic and Industrial Research (IOBE).

Its business expectations index fell to 104.5 points in September, from 105.9 in the previous monthly survey.

Latin America's economic growth is set to come in lower than expected this year, as U.S. protectionism and widespread wariness of emerging markets put a drag on the region, a U.N. panel said on Aug. 23.