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

By Orhan Coskun and Nevzat Devranoglu ANKARA, Sept 19 : 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. The discussion over the growth targets underscores the delicate balance […]

Turkey cuts investment levels for citizenship, property sales seen boosted

By Ceyda Caglayan ISTANBUL, Sept 19 : Turkey has slashed the financial and investment criteria for foreigners to become Turkish citizens, in a move expected to double annual property investment by foreigners to around $10 billion, according to sector officials. The government has been taking measures to boost investment in the economy and shore up […]