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Monday, July 04, 2022

Turkey′s professionals leave in search of better working conditions | Business | Economy and finance news from a German perspective | DW | 04.07.2022

Turkey's professionals leave in search of better working conditions More and more well-educated Turks want to leave the country, especially because of the bad economic situation and staggering inflation at home. More:Turkey′s professionals leave in search of better working conditions | Business | Economy and finance news from a German perspective | DW | 04.07.2022

Turkish inflation hits two-decade high of 78.6%

Turkish inflation hits two-decade high of 78.6% A money changer holds Turkish lira banknotes at a currency exchange office in Ankara, Turkey October 12, 2021. REUTERSPIX ISTANBUL: Inflation in Turkey in June soared to an annual rate of 78.6 percent -- the highest in 24 years, according to official data released Monday -- as President Recep Tayyip Erdogan's unconventional economic policies continued to take their toll. More:Turkish inflation hits two-decade high of 78.6%

Saturday, July 02, 2022

Erdoğan raises Turkey’s minimum wage for second time in six months | Financial Times

Erdoğan raises Turkey’s minimum wage for second time in six months Inflationary pressures fuelled by fall in lira mean president’s move will do little to support households, analysts say More:Erdoğan raises Turkey’s minimum wage for second time in six months | Financial Times