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Turkey's central bank today cut key rates from 43% to 40.5%

Turkey cuts key interest rate to 40.5% - central bank

Turkey's central bank has today lowered its main interest rate by 2.5 percentage points in a cut that exceeded expectations as inflation continued to ease.

Business • 11 Sep

Turkey's inflation slowed to 32.95% in August, down from 33.52% in July

Turkish inflation eases to 32.9% in August

Turkish inflation eased further to 32.95% in August, official data showed today, fuelling expectations that the central bank will cut interest rates next week.

Business • 03 Sep

Smoke from a wildfire fills the sky as firefighters and Turkish General Directorate of Forestry teams continue their efforts to extinguish it

250 flee as Turkish rescuers battle wildfire in Gallipoli

More than 250 people have been evacuated overnight as a wildfire rages on the Gallipoli peninsula flanking the Dardanelles Strait, where Turkish firefighters are battling to quench the blaze, officials have said.

World • 17 Aug

An aerial view of a collapsed building as search and rescue efforts continue following a 6.1-magnitude earthquake occurred in the Sindirgi district of Balikesir, Turkiye

One killed, dozens injured, as quake hits western Turkey

A 6.1-magnitude quake struck Sindirgi in western Turkey, the Turkish disaster management agency (AFAD) said, killing at least one person and injuring dozens more.

World • 11 Aug

BURSA, TURKIYE - JULY 28: Flames and thick smoke rise from a wildfire in the Orhaneli district of Bursa, Turkiye, as firefighters battle to bring the blaze under control on its third day on July 28, 2025. Strong winds have hindered containment. (Photo by

Firefighters battle blazes in Turkey, Greece and Albania

Firefighters are battling to put out wildfires in three separate provinces of Turkey, in Greece and near a tourist resort in Albania, stoked by strong winds after days of searing heat across the Mediterranean region.

World • 28 Jul

Turkey's central bank has cut interest rates from 46% to 43%

Turkey's central bank cuts interest rate to 43%

Turkey's central bank has today lowered its key interest rate to 43%, with the three percentage point cut more than expected by analysts.

Business • 24 Jul

A huge blaze swept through the Grand Kartal Hotel in the northern mountain resort of Kartalkaya in the early hours of 21 January

32 people on trial over fatal ski resort fire in Turkey

Thirty-two people have gone on trial in Turkey over a fire at a luxury ski resort hotel in January that killed 78 people, including 36 children, local media reported.

World • 07 Jul

The latest fire broke out in the municipality of Koropi, around 30 kilometres east of Athens

Greece on high alert as heat and wind fuel fire outbreaks

A new fire has broken out near the Greek capital, Athens, as the country was put on high alert for wildfires due to increased temperatures and strong winds.

Europe • 04 Jul

Consumer price rises in Turkey have now eased for 12 months in a row, after soaring to 75% in May last year

Turkish inflation hits lowest level since November 2021

Turkish inflation eased further in May to 35.4%, reaching its lowest level since November 2021, official figures showed today, paving the way for a possible interest rate cut.

Business • 03 Jun

Turkey's central bank has hiked its key interest rate to 46% today

Turkish central bank raises interest rate to 46%

Turkey's central bank hiked its key interest rate to 46% today after a month of protests over the arrest of Istanbul's opposition mayor put pressure on the economy.

Business • 17 Apr

The protests have prompted a repressive government response that has been sharply condemned by rights groups

Hundreds of thousands join Istanbul protest rally

Waving flags and chanting slogans, hundreds of thousands of anti-government demonstrators have rallied in Istanbul calling for democracy to be defended after the arrest of mayor Ekrem Imamoglu which sparked Turkey's worst street unrest in over a decade.

World • 29 Mar

Demonstrators protesting against the arrest of the mayor of Istanbul Ekrem Imamoglu block a boulevard in the Turkish capital Ankara on 22 March

What next for Turkey's opposition protests?

Opposition protests calling for the release of Istanbul's mayor Ekrem Imamoglu, arrested on alleged charges of corruption and supporting terrorism, have continued for ten days. Do the protests have the momentum to continue?

World • 29 Mar

Nuri Aslan has been elected an interim mayor of Istanbul following the jailing of Ekrem Imamoglu

Turkey's opposition elects interim Istanbul mayor

Istanbul's opposition-run municipal council has elected an interim mayor to run the city, after mayor Ekrem Imamoglu was jailed pending trial over corruption charges that he and his supporters deny and call politicised.

World • 26 Mar

Police have arrested more than 1,100 people, the interior minister said, including ten journalists

Erdoğan claims Turkey protests are 'movement of violence'

Turkish President Recep Tayyip Erdoğan has claimed that protests over the jailing of Istanbul's mayor had become a "movement of violence" and that the main opposition party would be held accountable for injured police officers and damage to property.

World • 24 Mar

Turkey has seen widespread protests over the detention of Istanbul's mayor

Jailed Istanbul mayor İmamoğlu says will not bow down

Istanbul Mayor Ekrem Imamoglu has said that he will not bow down after court ruled to jail him pending trial over corruption related investigation.

World • 23 Mar

Istanbul Mayor Ekrem İmamoğlu's arrest sparked mass protests in Turkey's worst unrest in more than a decade

Istanbul mayor says allegations are 'immoral, baseless'

Istanbul Mayor Ekrem İmamoğlu has told police the allegations him against that sparked his arrest are "immoral and baseless", he said in a statement.

World • 22 Mar

Turks ramped up protests in Instanbul despite a ban on street gatherings

Turks protest, opposition defiant over mayor's detention

Thousands of Turks ramped up protests despite a ban on street gatherings over what they called the undemocratic detention of Istanbul's mayor Ekrem Imamoglu, as the opposition sought to pin the blame on President Tayyip Erdogan.

Turkey • 20 Mar

Protesters outside Istanbul's municipality headquarters calling for the release of Mayor Imamoglu

Protesters say Istanbul mayor arrest a blow to democracy

Protesters near Istanbul's main police headquarters have said the detention of President Tayyip Erdogan's main political rival and the city's mayor Ekrem Imamoglu was a blow to Turkish democracy.

World • 19 Mar

Turkey's Central Bank cuts its key interest rate again as inflation falls

Turkish central bank cuts rates to 42.5% as expected

Turkey's central bank cut its key interest rate by 250 basis points to 42.5% today, in line with expectations, sustaining an easing cycle that it launched in December as inflation continues to fall.

Business • 06 Mar

Consumer prices in Turkey rose by 39.05% last month, down from 42.1% in January, new figures show today

Turkish annual inflation falls below 40%

Turkey's annual inflation rate slowed for a ninth consecutive month in February, falling below 40% for the first time since June 2023, official data showed today.

Business • 03 Mar

A Syrian Kurdish woman waves a flag bearing a picture of the founder of the PKK Abdullah Ocalan

Truce between Kurdish militants and Turkey after 40 years

Outlawed Kurdish militants declared a ceasefire with Turkey following a landmark call by jailed PKK leader Abdullah Ocalan asking the group to disband and end more than four decades of armed struggle.

World • 01 Mar

Turkey's central bank cuts rates to 45% as expected

Turkey's central bank cut its key interest rate by 250 basis points to 45% as expected today, carrying on an easing cycle it launched last month alongside a decline in annual inflation that is seen continuing through the year end.

Business • 23 Jan

The fire occurred at the Grand Kartal Hotel in the Kartalkaya ski resort in the Bolu mountains

Nine held over Turkey ski resort fire which left 76 dead

Turkey has detained nine people, including the owner of the hotel, in connection with a deadly fire that claimed the lives of 76 people and injured dozens at a ski resort in the west of the country, Interior Minister Ali Yerlikaya said.

World • 22 Jan

A view of the damage from a fire that broke out at a hotel in the Bolu Kartalkaya Ski Resort in northwestern Turkey

Death toll in Turkish ski resort fire jumps to 76 people

The death toll from a fire that ripped through a hotel at a popular ski resort in northwestern Turkey rose to 76 people, according to the interior minister.

World • 21 Jan

Turkey's consumer prices rose by 44.3% last month, down from 47.1% in November

Turkish inflation slows to 44.3% in December

Turkey's annual inflation rate slowed for the seventh consecutive month in December, official figures showed today.

Business • 03 Jan