Finance minister Mehmet Simsek told the Wall Street Journal that the Euro zones sovereign debt crisis may hit Turkey hard next year but thanks to its strong fundamentals the Turkish economy would be able to bounce back strongly. Turkeys macroeconomic performance may come under pressure through trade and other channels but the damage will not be permanent even though the impact of Euro zones debt crisis on the world and Turkish economy can be significant, according to Simsek. |
The jailed leader of the PKK, Abdullah Ocalan, called for a ceasefire on Thursday, ordering armed PKK militants to withdraw from Turkey. Hundreds of thousands of people gathered in the city of ... more
The Syrian government said the rebel groups foreign supporters, Turkey and Qatar, were responsible for a chemical attack in Aleppo. The countries that back and support the rebels, including ... more
US secretary of state John Kerry was in Ankara on Friday for talks with the Turkish leaders, including PM Recep Tayyip Erdogan and President Abdullah Gul, focused on the crisis in Syria, ... more