Turkey Archives - Damascus Herald

Jawdat FaheemFebruary 13, 2024

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Turkey Approves Sweden’s NATO Bid; NATO Head Urges Hungary to Do the Same

After more than a year of delays, the Turkish parliament voted Tuesday in favor of Sweden’s entry into NATO. Sweden’s…

Ihsan NuriFebruary 11, 2024

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EBRD invests a record €2.5 billion in Türkiye in 2023

The European Bank for Reconstruction and Development (EBRD) invested a record €2.48 billion in Türkiye in 2023, boosted by the Bank’s swift…

Husni SalahFebruary 8, 2024

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Hungary’s Diplomatic Isolation Looks Complete As Turkey Blindsides It

Hungary faces diplomatic embarrassment after Turkey swiftly ratified Sweden’s NATO bid, leaving Hungary as the sole holdout. Orban’s face-saving attempt…

Ghufran BseisoFebruary 5, 2024

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Here’s why businesses in Turkey are more optimistic about inflation

Following months of sky-high inflation, Turkey’s January Business Confidence report points towards a slowly improving situation. The Turkish Business Confidence…

Dana ManarFebruary 2, 2024

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Turkey hikes interest rate again to 45% after inflation nears 65%

Turkey’s central bank on Thursday hiked its key interest rate by another 250 basis points to 45%. The hike to the…

Amani NazmiJanuary 30, 2024

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Turkey parliament backs Sweden’s Nato membership

Turkish MPs have ratified Sweden’s bid to join Nato in a long-delayed vote that represents a big step forward on…

Almas MassadJanuary 26, 2024

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Turkey’s President Erdogan signs off on Sweden’s NATO membership ratification

Hungary now remains the only NATO ally not to have ratified Sweden’s accession. Turkey’s parliament endorsed Sweden’s accession in a vote Tuesday. The…