Economics | TURKISH GREEK NEWS-Yunanistan Haberleri,Τουρκικά Νέα,Τουρκικές ειδήσεις,Ελληνοτουρκικές ειδήσεις,Türk-Yunan Haberleri


Turkish stocks, lira hit after minister urges prime minister to quit

Turkey’s main stock index fell up to 3 percent on Dec. 25 after one of three Turkish ministers who resigned over a high-level corruption scandal said Prime Minister Tayyip Erdoğan should follow suit.

Greece: Travel revenues grew by 16.9 pct in July this year

Travel revenues grew by 16.9 pct in July this year, compared with the same period in 2010, for an increase of 14.2 pct in the January-July period, the Bank of Greece said on Wednesday.

Exports up by 16.41 percent

Turkey's exports reached $10.72 billion with an increase of 16.41 percent year-on-year in September 2011.

PM: European 'Marshall Plan' for Greece

The eurozone heads of state and government late Thursday in Brussels agreed a new 109 billion euro support programme for Greece supported by the International Monetary Fund (IMF) and with the voluntary contribution of the private sector to "fully cover the financing gap", over which Greek prime minister George Papandreou expressed full satisfaction, calling it a "European 'Marshall Plan'" for the country.


World Bank's President Robert Zoellick will visit Turkey between July 19 and 22.

World Bank stated on Monday that Turkey's economy and development agenda as well as regional and global partnerships and roles would be discussed during Zoellick's stay in Turkey.

PM: Greece will not go bankrupt

Greece will not go bankrupt," Prime Minister George Papandreou stressed in an interview printed in the Sunday issue of "Kathimerini", adding that the government was currently in the process of trying to find a long-term solution to make Greece's debt manageable.

All Greek banks successfully pass stress tests

All Greek banks successfully passed the stress tests conducated by the European Banking Authority, based on their current figures and the business moves they have made.