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Economy
Economy category that groups up-to-date and relevant content under a clear thematic scope for easier discovery and consistent editorial organization.
Minister Şimşek: Share of Indirect Taxes Decreased to 62 Percent
Treasury and Finance Minister Mehmet Şimşek announced that the share of indirect taxes in total revenue has fallen from 66% to 62%, while the budget deficit remains below targets despite significant fiscal pressures.
Applications Open for 14th Term of Workup Entrepreneurship Program
The Workup Entrepreneurship Program, supported by Türkiye İş Bankası, has opened applications for its 14th cohort, offering selected technology startups six months of comprehensive support and investment opportunities.
Minister Şimşek Shares Tax Data: Share of Indirect Taxes Drops to 62%
Treasury and Finance Minister Mehmet Şimşek announced that the share of indirect taxes has decreased to 62% and the budget deficit remains below 3% of GDP, highlighting increased justice and efficiency in tax policies.
Global Trade Wars and a New Era in Supply Chains
The global economy is at a critical juncture where trade rules and supply chains are being reshaped by protectionist policies and geopolitical risks.
Germany's Ifo Business Climate Index Beats Expectations in February
The Ifo Business Climate Index for Germany rose to 88.6 points in February, surpassing market forecasts and signaling a potential recovery in Europe's largest economy.
10-Year Strategy for Antalya Olive Oil: 2026-2035 Roadmap Established
A new roadmap led by the Antalya Commodity Exchange aims to elevate the city's olive oil production to international standards and establish a global brand identity by 2035.
Minister Kacır Announces 100 Billion Lira Financing Package for Manufacturing Industry
Minister of Industry and Technology Mehmet Fatih Kacır has announced a new 100 billion lira financing program for manufacturing firms, offering loans up to 50 million lira with 36-month maturity options.
Minister Işıkhan Announces 51 Billion Lira Employment Support for Manufacturing Industry
Minister of Labor and Social Security Vedat Işıkhan has unveiled a 51 billion lira support package aimed at preserving 1.1 million jobs in the manufacturing sector through SME financing and cash incentives for employers.
EU Suspends US Trade Deal Approval Amid Tariff Uncertainty
The European Union has halted the ratification process of a bilateral trade agreement with the United States due to legal challenges and shifting tariff policies under the Trump administration.
Retirement 'Last 1260 Days' Rule Changes: New Calculation Method for Post-2008 Insured
The 'last 1260 days' rule for determining retirement status has ended for those insured after 2008. Retirement conditions will now be based on the status where the highest number of total premium days were accumulated.
Türkiye Finans Updates Pension Promotion Campaign: 5,000 TL Additional Reward Opportunity
Türkiye Finans has announced a new promotion package for customers who transfer their pension payments, featuring cash rewards and a referral system offering up to 5,000 TL in additional bonuses.
Deloitte Report: M&A Volume in Turkey Reaches $16.2 Billion with 88% Increase
According to Deloitte Turkey’s 2025 report, the merger and acquisition market experienced a strong recovery driven by mega-scale transactions, with total volume rising to $16.2 billion.