Turkish economy stays resilient amid global risks as Fitch eyes reserves for potential rating upgrade

Despite regional uncertainties, Türkiye’s tight policy measures preserve inflation gains as Fitch affirms ‘BB-’ rating with stable outlook, while ‘durable’ improvement in int'l reserves remain key in positive credit actions, says senior director

Turkish economy stays resilient amid global risks as Fitch eyes reserves for potential rating upgrade

Türkiye accelerates global trade diplomacy with new talks, high-level meetings in H1

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Euro area government debt reaches 88% of GDP in Q1

Government debt-to-GDP ratio in euro area climbs to 88% in 1st quarter of year while regional public deficit hits 3%21 July 2026

Unemployment in UK increases to 4.9% in March-May period

Number of unemployed people in UK at 1.76M as of end of May21 July 2026

IMF approves $690M disbursement for Ukraine after 1st review of aid program

'Ukraine continues to demonstrate remarkable resilience in the face of Russia’s devastating war,' says managing director21 July 2026

Turkish Republic of Northern Cyprus marks 52nd anniversary of Türkiye’s 1974 peace operation

- Senior Turkish and Turkish Cypriot officials attend ceremony in capital Lefkosa marking Peace and Freedom Day20 July 2026

Turkish vice president, top brass arrive in Turkish Republic of Northern Cyprus for 52nd anniversary of Peace Operation

- Vice President Yilmaz attends July 20 Peace and Freedom Day ceremonies, while Defense Minister Guler inspects military units in TRNC20 July 2026

Economists expect Türkiye to keep interest rates constant

Economists expect no change in 5th monetary policy meeting of year20 July 2026

Türkiye cements its safe haven position for Russian real estate investors amid global uncertainty

Geopolitical volatility in Gulf prompts Russian buyers to prioritize legal certainty, long-term capital security, driving 20% surge in Turkish real estate interest since start of year, sector representatives say20 July 2026

German producer prices see 3rd consecutive increase, up 1.8% in June

Germany's producer price index increases by 1.8% year-on-year in June, driven mainly by higher costs for intermediate goods, country's statistical authority reports on Monday20 July 2026

Türkiye's budget deficit shrinks in H1, Turkish finance minister says

Türkiye's primary budget surplus reaches $11B in first half of year as budget deficit narrows, treasury and finance minister says20 July 2026

Türkiye eyes new era with updated Customs Union, payment ties, head of export body says

Joining Single Euro Payments Area to facilitate cross-border trade, while policy alignment with financial integration to allow Europe to capitalize on Türkiye’s flexible structure and production capacity, says sector leader20 July 2026

Economy

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Economy

Tesla’s profit falls 17% in Q2 despite record vehicle deliveries

Putin: Russian economy stable despite attempts to disrupt energy sector

Türkiye test-fires indigenous torpedo AKYA

Türkiye, Syria target bilateral trade volume of $10B

ECB remains cautious in rate decision amid Middle East risks

Turkish Airlines inks new major deals at UK airshow

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