Politics of Turkey

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.

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.

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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