Turkey

Turkey appoints new deputy

Mustafa Ibrahim Turhan, a board member of the Central Bank of Turkey, will become one of four of the institution's deputies.

Yilmaz on the causes of Turkey's economic rise

The strong performance of the Turkish economy over the past six years can be attributed to the country's ambitious structural reform agenda, stated Durmus Yilmaz, the governor of the Central Bank of the Republic of Turkey.

Global events motivated Turkey's 50bp cut

The global economic slowdown expected to follow the credit crunch was behind the Turkish central bank's decision to cut its benchmark rate by 50 basis points earlier this month, minutes of the monetary policy meeting, published on Friday, reveal.

EU re-designs euro coin to exclude Turkey

The new design of the euro coin - set to be introduced next year in Slovenia, Malta and Cyprus - will not feature Turkey despite its inclusion in the original plans.

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