In recent weeks, Turkish society has been rocked by a spate of suicides. Three families used cyanide to kill themselves – the reason: economic problems. According to the opposition, the ongoing economic crisis in Turkey ...
Banks are being pushed to lend with the same reckless abandon. İşbank, one of Turkey’s largest private banks, has warned that the non-performing loans (NPLs) in its portfolio could reach 7.5% of its total loan book by ...
Turkey’s unemployment rate rose to 14.0 percent in the July-September period from 13.9 percent a month earlier, official data showed on Friday, with youth unemployment hitting a record high of 27.4 percent as a recession ...