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Gov’t to subsidize travel expenses of health tourists
Economy Minister Zafer Çağlayan has said the government will pay 50 percent of all travel expenses for each patient in Turkish hospitals traveling from abroad to obtain medical treatment, in an attempt to boost Turkey’s foreign currency earnings in service sectors.
A 50 billion cubic meters’ worth bridge to Turkey
Turkey and Azerbaijan have signed onto TANAP, a new seven billion dollar project which aims to provide 50 billion cubic meters of gas to Europe via Turkey.
Moody´s upgrades Turkey´s ratings
The international rating agency Moody´s upgraded Turkey´s credit rating Wednesday, maintaining the positive outlook as stable, daily Hürriyet reported.
Turkey to be Europe´s number five economy by 2030, says ING bank
By 2030 Turkey will be Europe´s fifth largest economy and a key trading hub between Western Europe and developing Middle Eastern and Asian economies, says a report published over the weekend by the Dutch bank ING.
Turkey to donate huge fund to MIT
Turkey is preparing to donate $10 to $20 million to the Massachusetts Institute of Technology (MIT) Foundation, Minister of Industry and Commerce Nihat Ergün said.
HSBC hosts executive board meeting in Turkey
HSBC, one of the leading firms in global banking, hosted an executive board meeting in Istanbul yesterday. The meeting marks a first for the bank which has never held an executive board meeting of this scale outside of England or France. The reason behind Turley’s selection is that the nation is fast becoming one of the bank’s ‘top 20’ locations.
Turkey gives IMF five billion dollar loan
Developing nations in attendance at the G-20 Summit have decided to contribute to the strengthening of IMF resources. As a result, Turkey will be providing five billion dollars, Russia will be providing ten billion dollars and China will be handing the IMF a whopping 43 billion dollars.
Turkey attracting more patients, minister says
According to figures from the Health Ministry, the patients who visited Turkey to receive treatment, a developing trend, reached nearly 500,000 last year. The country’s geographical position, high medical technologies, qualified staff and competitive prices are the main adventages in global competition, a professional says
A foreign language revolution
The Ministry of National Education will soon be initiating a rating system aimed at increasing the quality of foreign language education in Turkey’s school system.
Turkish banks gain share from Greek cash outflow
Deposits worth up to 400 million euros have been transferred to Turkish banks as Greeks withdraw money from domestic banks, a media report says. Central banks check their ammunition before the crucial Greek vote

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