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 Migration squeezes urban jobs in Turkey
While western Turkey is traditionally known to have lower unemployment rates compared to the east, the recent influx of migrants from the east has led to high unemployment in regions like İzmir, Kocaeli and Antalya, where the creation of new jobs has not been able to keep up with demand, leading to job saturation |
 ‘Turkey will not backpedal on KKTC oil and gas drilling’
Turkey’s Energy and Natural Resources Minister Taner Yıldız told reporters on Friday in İstanbul that the country would consider no change to its land and sea oil exploration studies in the Turkish Republic of Northern Cyprus (KKTC). Greek Cyprus had expressed opposition to the exploration and drilling around the KKTC, claiming this would be illegal because they do not recognize the KKTC. |
 Two billion dollar investment from an Ottoman descendent
Minister of Economy Zafer Çağlayan has announced that Energy Allied International, whose CEO has roots spanning back to the Ottomans, will be making a two billion dollar investment in Turkey. |
 Government excludes gains from sales of deforested land
This year’s budget does not include any estimate of the proceeds from sale of deforested lands, Deputy Prime Minister Ali Babacan said yesterday. |
 March budget deficit at TL 5.5 bln as high interest payments bite
Turkey´s budget deficit in March jumped to TL 5.5 billion, a figure five times higher than the deficit for the first two months combined. |
 Turkish Insurance Sector news summaries from April 2012
One Master is a Thousand Masters Project enters 3rd year Anadolu Sigorta announced the 5 new provinces and professions that will shape the 3rd year of the One Master is a Thousand Masters Project, initiated in 2010 to commemorate its 85th anniversary with technical assistance by the Turkish Ministry of Culture and Tourism Directorate of Research and Training |
 Direct international investments in Turkey in 2012´s first two months up
Turkish Economy Minister Zafer Caglayan has said that the amount of direct international investments which have been made in Turkey in January-February 2012 increased 25 percent. |
 Günay backtracks from İnönü renovation comments
İnönü Stadium will be renovated where it stands now, Culture and Tourism Minister Ertuğrul Günay said, backtracking on earlier comments. |
 Turkish finance minister calls for concerted effort to tackle global challenges
Turkish Finance Minister Mehmet Simsek said Thursday that countries needed to work together to solve global problems. |
 Prime Minister Erdoğan Meets with CEO’s from China
At a conference organized by the Prime Ministry Investment and Support Agency, Prime Minister Erdoğan invited China’s biggest firms to invest in Turkey. |
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