Economy
Economy category that groups up-to-date and relevant content under a clear thematic scope for easier discovery and consistent editorial organization.
Critical Week for the Retiree Holiday Bonus Increase: Three Formulas on the Table and Payment Schedule
A legal amendment to raise the holiday bonus for millions of retirees is expected to be presented to the Turkish parliament this week, with a possible increase to 6,000 TL and payments planned for March.
Card Payments in Turkey Exceed 2.3 Trillion Lira in January
Card payment volume in Turkey surged 45% year-on-year in January to reach 2.326 trillion lira, driven by credit card usage and a significant rise in contactless transactions.
European Markets Mixed Amid US Tariff Decisions and Geopolitical Risks
European stock markets started the week with mixed performance following US President Trump's global tariff announcement and subsequent legal tensions. While German and French indices faced declines, markets in Italy and Spain showed resilience.
Minister Işıkhan Announces 51 Billion Lira Support Package for Manufacturing Sector
Minister of Labor and Social Security Vedat Işıkhan announced a 51 billion TL allocation from the Unemployment Insurance Fund to support the manufacturing sector, aiming to protect 1.1 million jobs and facilitate financing for SMEs.
German Chancellor Friedrich Merz's Visit to China: Economic Balances and Strategic Partnerships
German Chancellor Friedrich Merz will embark on a three-day official visit to China on February 24, aiming to reduce the trade deficit and strengthen strategic cooperation amid global geopolitical uncertainties.
Turkey Mining Exchange to Launch in 2026: A New Era for Strategic Minerals
Turkish Miners Association President Mehmet Yılmaz announced that a new mining exchange, designed to provide transparent pricing and financial depth, is expected to become operational by 2026.
Three Scenarios on the Table for 2026 Retiree Holiday Bonus Increase
Technical work has begun for the 2026 Ramadan Feast retiree bonus increase, with the economic management considering three payment options: 5,000, 5,500, and 6,000 TL.
Elif Bilge Ceylan Appointed as CMO of Param
Financial technology company Param has appointed Elif Bilge Ceylan, a professional with 20 years of experience in marketing and brand management, as its new Chief Marketing Officer (CMO).
Real Sector Confidence Rises in Turkey as US-Iran Tensions Dominate Global Markets
While Turkey's real sector confidence index continues its upward trend, signals of a slowdown in the US economy and escalating tensions between the US and Iran are driving uncertainty in global markets.
51 Billion TL Support for Manufacturing Sector: 1.1 Million Jobs to be Protected
Minister of Labor and Social Security Vedat Işıkhan announced a 51 billion lira support package aimed at protecting 1.1 million jobs in the manufacturing sector through cash incentives and SME financing.
Abundance in the Countryside Project: 150,000 Small Ruminant Support and Application Details
Under the 'Abundance in the Countryside' project announced by President Erdoğan, producers will receive 100 small ruminants each to boost rural development. The initiative includes favorable payment terms and monthly maintenance support for livestock farmers.
$20,000 Gold Price Expectations: Speculative Option Demand Surges
Speculative option purchases betting on gold reaching $20,000 have accelerated, reflecting high-risk strategies that experts say would require extraordinary global shocks to materialize.