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Orhan Coskun

Turkey to cut growth forecasts, sources say, in difficult balancing act with markets

19 Sep 2018

ANKARA Turkey will on Thursday cut its growth forecasts for this year and next amid a deep currency crisis, although the extent of next year's revision is still being debated by top government officials, sources said.

Turkey reinforces military in Syria's Idlib after ceasefire call fails

12 Sep 2018

ANKARA/AMMAN Turkey is reinforcing its military posts inside Syria's rebel-held province of Idlib, Turkish and Syrian rebels sources say, seeking to deter a government offensive which it says would unleash a humanitarian disaster on its border.

Turkey's Albayrak says central bank independent, sees no crisis in banking sector

03 Sep 2018

ISTANBUL Turkey's central bank is independent of government and will take all necessary steps to combat inflation, Finance Minister Berat Albayrak told Reuters, defending an institution that has not raised its benchmark rate in nearly three months despite a currency crisis.

Türkische Notenbank will ausufernde Inflation bekämpfen

03 Sep 2018

Istanbul Die von Präsident Recep Tayyip Erdogan kritisierte türkische Notenbank will angesichts der ausufernden Inflation geldpolitisch in die Offensive gehen.

Turkey hikes gas and power prices by as much as 14 percent as lira crisis deepens

01 Sep 2018

ANKARA Turkey raised natural gas prices on Saturday by as much as 14 percent, two sources said, while the energy regulator announced a similar increase in electricity costs as a deepening currency crisis stokes inflation.

UPDATE 3-Turkey hikes gas and power prices by as much as 14 pct as lira crisis deepens

01 Sep 2018

* Erdogan rejects rate hikes, fanning investor fears (Adds impact of price hikes on inflation)

Deputy governor leaves Turkey's central bank, lira falls

30 Aug 2018

ANKARA Turkish central bank deputy governor and ratesetter Erkan Kilimci is leaving the bank, three sources familiar with the matter told Reuters on Thursday, two weeks before the bank's monetary policy committee meets to address a slump in the lira.

Turkey says U.S. waging 'economic war', lira weakens

23 Aug 2018

ANKARA/ISTANBUL The lira slid on Thursday after Turkey accused the United States of waging "economic war" amid a bitter standoff between the NATO allies over the fate of a Christian pastor detained by Ankara.

RPT-EXCLUSIVE-Bolton remarks proof U.S. targeting Turkey in economic war -Erdogan spokesman

23 Aug 2018

ANKARA, Aug 23 Turkish President Tayyip Erdogan's spokesman said on Wednesday remarks by the U.S. National Security Adviser regarding Turkey's economic situation were proof that the U.S. administration is targeting a NATO ally as part of an economic war.

RPT-EXCLUSIVE-U.S. disregard for Turkish legal process 'unacceptable' -Erdogan spokesman

23 Aug 2018

ANKARA, Aug 23 The spokesman for President Tayyip Erdogan on Wednesday slammed what he said was the United States' disregard for Turkey's legal process, adding Washington had made arbitrary comments and demands in the case of a detained pastor.

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