Politics of Turkey
Sweeping judicial reform bill published in Official Gazette
A comprehensive omnibus bill, encompassing more than 60 amendments, was published in Türkiye's Official Gazette on March 12.
The legislation, widely known as the "judicial package," entered discussions on Feb. 20 after being submitted to the parliamentary presidency earlier in the month.
Wrong message
Greek diplomacy clearly did not handle the Fredi Beleri case well. Its contradictory messages and moves didn't help. With such matters, it is important to decide on the approach from the onset.
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Foreign trade with lira up nearly 40 pct
Türkiye's foreign trade in the Turkish Lira increased by 39.4 percent in January-February 2024 from the same period of last year to reach 207.7 billion liras ($6.6 billion).
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Parliament debates omnibus bill with over 60 amendments
Turkish lawmakers are currently deliberating a new omnibus bill encompassing more than 60 amendments, including the reinstatement of a regulation regarding crimes committed on behalf of an organization without membership, which was previously annulled by the Constitutional Court.
Erdogan back to ‘Blue Homeland’
Turkish President Recep Tayipp Erdogan reiterated his country's determination to defend its "Blue Homeland" from the Aegean to the Eastern Mediterranean, stressing that Ankara has not "changed its axis," but has created its own, which he called the "axis of Turkey."
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Erdoğan says int'l capital inflows, reserves soaring
President Recep Tayyip Erdoğan has expressed optimism about Türkiye's economic performance, revealing that international capital inflows have surged and the country's total reserves have surpassed $145 billion.
Parliament’s foreign affairs committee approves Sweden's NATO bid
The Turkish Parliament's foreign affairs committee on Tuesday gave the green light for Sweden's NATO membership.
Following the approval at the committee on Dec. 26, the protocol will now be submitted to the general assembly for a vote. Simple majority of the 600 lawmakers will suffice for the ratification of the bid.
Cultural expenditure soars 88 percent last year
Cultural expenditures in Türkiye increased by 88.1 percent in 2022 compared to 2021 to reach 149.6 billion Turkish Liras.
Cultural expenditures accounted for 1 percent of the country's national income last year, the data from the Turkish Statistical Institute (TÜİK) showed.
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Erdoğan unveils new medium term economic plan
President Recep Tayyip Erdoğan has unveiled the government's Medium Term Program, outlining a comprehensive strategy aimed at reducing inflation, fostering growth and addressing various key challenges.
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Banking sector’s net profit up 41 percent
The combined net profit of Turkish banks increased by 41 percent in the January-July period from a year ago to 293.4 billion Turkish liras ($11.1 billion), the data from the Banking Regulation and Supervision Agency (BDDK) have shown.
In July alone, the banking sector's net income was up around 12 percent to 43.3 billion liras.
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