content tagged with Mehmet Şimşek

Bilge Seçkin Çetinkaya

Open letter to Treasury and Finance Minister Mehmet Şimşek

Open letter to Treasury and Finance Minister Mehmet Şimşek

Türkiye, as a signatory to the Paris Climate Agreement, is bound by its commitment to limit global temperature rise to 1.5°C. The bill’s facilitation of mining, thermal power plants, and aggressive land use policies directly undermines this target.

17 July 2025 Bilge Seçkin Çetinkaya

Turkey freezes assets of 62 individuals and 20 foundations

Turkey freezes assets of 62 individuals and 20 foundations

The assets of 62 individuals and 20 foundations and associations have been frozen, according to the decision published in the Official Gazette. The move comes as part of measures taken on grounds of alleged "financing of terrorism."

29 November 2023

Turkey to unveil tax incentives to boost foreign currency inflows

Turkey to unveil tax incentives to boost foreign currency inflows

Tax reduction and exemption rates applied to some activities of tax payers abroad will be increased, provided that the earnings are brought into Turkey, the finance minister has said.

22 November 2023

Was the last interest rise 'rational'?

Was the last interest rise 'rational'?

The rise in interest rates did not meet expectations, according to Prof. Dr. Hayri Kozanoğlu. Warning that inflation will jump, Kozanoğlu says that the policy the economy administration follows is intended to prevent a balance of payments crisis and to strengthen the reserves of the Central Bank.

21 July 2023 Hikmet Adal,Vecih Cuzdan

Turkey's currency woes exacerbate following recent elections

Turkey's currency woes exacerbate following recent elections

For the first time, the Euro/TRY exchange rate surpassed 23.

Deputy Prime Minister Şimşek: Volatility is Not Peculiar to Turkey

Deputy Prime Minister Şimşek: Volatility is Not Peculiar to Turkey

Deputy Prime Minister in Charge of Economy Mehmet Şimşek has stated, “We will take a step back from neither the independence of the Central Bank, nor the market economy.”

Depreciation of Turkish Lira After S&P Downgrades Credit Rating

Depreciation of Turkish Lira After S&P Downgrades Credit Rating

After the global credit rating agency S&P has downgraded the credit rating of Turkey, the Turkish Lira has depreciated by around 1.5 percent against US Dollar and Euro in one day.

Şimşek: Rough Period in Economy Approaching

Şimşek: Rough Period in Economy Approaching

Vice Prime Minister in Charge of Economy, Şimşek stating he estimates U.S. Central Bank, FED, will hike interest rate said a rough period in economy is approaching.

8 December 2015

Only 26 Jailed Journalists in Turkey, Finance Ministry Claims

Only 26 Jailed Journalists in Turkey, Finance Ministry Claims

Responding to an official inquiry by CHP İstanbul deputy Sezgin Tanrıkulu, Finance Ministry said that there are 26 jailed journalists in Turkey as of June 17, 2013.