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Turkey to inject $4.9 billion into state banks in economy reform package

Apr 10 2019

ISTANBUL Turkey pledged on Wednesday to boost the capital level of banks and relieve bad debts in a sector left reeling by last year's currency crisis, as the country moved to revive an economy plagued by inflation and recession.

Erdogan casts doubt on Istanbul vote, hints at possible re-run

Apr 08 2019

ANKARA President Tayyip Erdogan said on Monday Turkey's local elections were marred by "organized crime" at ballot boxes in Istanbul, raising the possibility of re-running a March 31 vote that handed a slim majority to the main opposition party.

Turkish opposition demands mandate as Istanbul recount continues

Apr 03 2019

ANKARA Turkey's main opposition candidate in Istanbul urged the High Election Board (YSK) on Wednesday to confirm him as the elected mayor after it ruled in favour of a partial recount of votes in 18 of the city's 39 districts. | Video

Erdogan pays electoral price for Turkey's tumbling economy

Apr 01 2019

ANKARA After a decade and a half of dominance built on Turkey's buoyant growth Tayyip Erdogan has paid a heavy electoral price for an economic slump and will make changes to his government to halt the damage, senior officials in his party said on Monday.

Erdogan pays electoral price for Turkey's tumbling economy

Apr 01 2019

ANKARA After a decade and a half of dominance built on Turkey's buoyant growth Tayyip Erdogan has paid a heavy electoral price for an economic slump and will make changes to his government to halt the damage, senior officials in his party said on Monday.

Erdogan pays electoral price for Turkey's tumbling economy

Apr 01 2019

ANKARA After a decade and a half of dominance built on Turkey's buoyant growth Tayyip Erdogan has paid a heavy electoral price for an economic slump and will make changes to his government to halt the damage, senior officials in his party said on Monday.

Erdogan appears to concede Istanbul defeat after Ankara loss

Mar 31 2019

ANKARA Turkey's Tayyip Erdogan suffered a severe setback on Sunday as his ruling AK Party lost control of the capital Ankara for the first time in a local election and he appeared to concede defeat in the country's largest city, Istanbul. | Video

In first vote since Turkey's crisis, Erdogan could lose capital city

Mar 28 2019

ANKARA Ismail Akin has voted for Turkish President Tayyip Erdogan's party for almost 20 years, but the father of three said that will change on Sunday because the plunging economy has forced him to shut his shop and take on debt. | Video

'I'm in charge,' says Turkey's Erdogan, as lira dives ahead of elections

Mar 28 2019

ANKARA President Tayyip Erdogan said on Thursday he was "in charge of Turkey's economy" as he piled pressure on the central bank to cut interest rates despite double-digit inflation and a tumbling lira.

UPDATE 4-Turkish lira rebounds but concern lingers after selloff

Mar 25 2019

* Central bank takes unorthodox steps to prop up lira (Recasts with broader financial market stress; adds comments from bank client and analyst; updates throughout)

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