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Babacan’s IMF announcement

State Minister in charge of economy Babacan answered questions from the press regarding the close of deliberations on a stand-by IMF loan program.

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IMF to arrive to Turkey in May for Article IV

The Undersecretary of the Treasury has announced that an IMF delegation has been invited to Turkey to conduct a routine economic evaluation and to hold deliberations on Article IV....

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Turkcell plans to open up to Europe

Currently a contender in the US Stock Exchange, Turkcell now has intentions to expand to Europe. The company is considering opening up transactions to both the Amsterdam and Paris stock markets....

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Forbes announces 100 richest Turks

According to Forbes, the combined wealth of the top 100 richest people in Turkey has increased by 55% and 31 billion dollars, reaching a total of 87 billion dollars....

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Inflation hits the double digits again

Consumer inflation released for February has revealed an increase of 1.45%....

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Unemployment rates released for 2009

According to the Turkish Statistics Institute, the unemployment rate for 2009 was at 14%. The number of unemployed throughout Turkey has increased to three million 471 thousand people.

Support for the plight of Tekel workers

TÜRK-İŞ, DİSK, KAMU-SEN and KESK chairmen gathered together on the 70th day of demonstrations held by Tekel workers in the capital. ...

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Electric vehicles to take off from Turkey to the world

Turkey is set to become the electrical vehicle base for automotive giants. After France’s Renault designated Bursa as a base for electrical vehicle production, America’s Ford Motor Company has selected Gölcük as the location for the manufacturing of the company’s first electric vehicle....

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First note upgrade in six years

Standard and Poor’s has pointed out the decreasing level of government debt as the reason behind the upgrade....

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Tekel workers end hunger strike

Tekel workers have put an end to the hunger strike which began on February 2nd....

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