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Top related persons:
Mehmet Simsek - 1 Murad Sezer - 1 Tayyip Erdogan - 1 Vladimir Putin - 1 Hafize Gaye Erkan - 1 Erdogan - 1 Putin - 1 Simsek - 1
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2 mentions found


☆ Turkey's economic team in Russia as Erdogan meets Putin -source
  + stars: | 2023-09-04 | by ( ) www.reuters.com   time to read: +1 min
Turkey's Finance Minister Mehmet Simsek speaks during the 66th General Assembly of Turkish Banks Association in Istanbul, Turkey August 17, 2023. REUTERS/Murad Sezer/File Photo Acquire Licensing RightsANKARA, Sept 4 (Reuters) - Turkey's top economic policymakers are visiting Russia for meetings on Monday, a source said, travelling along with President Tayyip Erdogan who will meet Kremlin chief Vladimir Putin to discuss Black Sea grain exports. When the leaders meet later on Monday, Erdogan aims to convince Putin to return to a Ukraine grain-export deal that helped ease a global food crisis. It has opposed Russia's invasion of Ukraine while also opposing Western sanctions on Moscow and has advanced economic cooperation with Russia since the invasion early last year. Since June, Simsek and Erkan have moved to roll back regulations, partly free up the currency and launched an aggressive rate-hiking cycle.
Persons: Mehmet Simsek, Murad Sezer, Tayyip Erdogan, Vladimir Putin, Hafize Gaye Erkan, Erdogan, Putin, Simsek, Orhan Coskun, Jonathan Spicer, Daren Butler Organizations: Turkey's, General Assembly, Turkish Banks Association, REUTERS, Rights, Kremlin, Turkish, NATO, Thomson Locations: Istanbul, Turkey, Rights ANKARA, Russia, Russian, Sochi, Simsek, Ukraine, Moscow, Kyiv, UAE, Gulf
☆ CEO of Turkey's top bank says capital boost to help it drive economy in 2023
  + stars: | 2023-01-09 | by ( Ebru Tuncay Birsen Altayli | Ebru Tuncay | Birsen Altayli | ) www.reuters.com   time to read: +4 min
Erdogan introduced a "new economic model" in 2021 that prioritises growth, investment and exports and is aimed at flipping Turkey's persistent trade deficits, a major component of the current account. "We will give significant support to Turkey's economic model. For that reason we want to be strong in capital terms," Cakar said in an interview conducted late last month. "There is no clear figure yet for the capital increase of state banks. State banks have supported the economy with low-cost financing for the last few years, increasing their dominance in the financial sector and their capital needs.
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