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October 14, 202618°
BIST10012,170
-0.66%
USD49.37
+0.07%
EUR55.21
+0.01%
GOLD4,166.40
-0.26%
INTEREST37.00%
-1.00
BITCOIN83,351
+0.31%
October 14, 202618°

Markets & Finance

195 articles

Economy

Germany’s electricity prices rose 25–30% during energy crisis as AfD support grew
According to a CESifo study published in July, average retail electricity prices in Germany rose by 25–30% in 2023, while support for the AfD increased among households facing higher cost increases. The study found that this political effect emerged despite the government’s €95 billion support packages and cautioned that the findings cannot be directly generalized to other countries because of Germany’s distinctive billing system.
Türkiye’s cherry exports reached $235 million in 2026 as volume rose elevenfold
Türkiye exported 68,737 tons of cherries and earned $235 million in the January 1–August 10, 2026 period. The number of export markets rose to 52, with Germany ranking first at $74 million.
Chicken meat production rose 14.7% in June to 232,238 tonnes
The Turkish Statistical Institute announced that 232,238 tonnes of chicken meat were produced in June, up 14.7% year on year. During the same period, 1.838 billion chicken eggs were produced, while the number of chickens slaughtered reached 123.325 million.
TÜİK: Export unit value index rose 12.6%, imports 12.9% in June 2026
TÜİK released foreign trade indices for June 2026; the export unit value index rose 12.6% year on year, while the import unit value index increased 12.9%. The export volume index rose 8.1% and the import volume index 9% year on year, while the terms of trade fell to 90.1.
Total debt of Turkey’s four biggest football clubs reaches 85 billion liras, with Galatasaray reporting a profit
Financial reports for the May 2026–May 2025 period disclosed by Beşiktaş, Fenerbahçe, Galatasaray and Trabzonspor to KAP show that total debt reached 85 billion liras as of May 31. While the clubs’ combined operating loss reached 24 billion liras, Galatasaray was the only one of the four to report a net profit.
Minister Bayraktar says Türkiye will hold its first offshore wind YEKA tender in 2027, targeting 5,000 MW
Minister Bayraktar announced that Türkiye's first offshore wind YEKA tender will be held in the first quarter of 2027, ahead of COP31 in Antalya. Work continues on four sites off the Saros Gulf, Gökçeada, Bozcaada and Edremit, while the 2035 offshore wind target has been set at 5,000 megawatts.
Ziraat Bank’s net profit reaches TRY 74.2 billion as assets hit TRY 9.1 trillion
Ziraat Bank’s financial results for the second quarter showed that its assets reached TRY 9.1 trillion, while its net profit for the first half of the year rose to TRY 74.2 billion. The bank’s total loan volume reached approximately TRY 7 trillion, while agricultural loans stood at TRY 1 trillion in the first half of 2026.
Turkish Airlines charter flight becomes longest in company history at 13,800 kilometers
Turkish Airlines’ special charter flight carrying the Juventus squad from Perth, Australia, to Turin, Italy, covered 13,800 kilometers. The Boeing 777-300ER registered as TC-LJE flew the distance nonstop in approximately 16 hours and 27 minutes, setting the longest-flight record in Turkish Airlines’ history.
Türkiye's art, antiques and collectibles trade reaches $117.5 million
Türkiye's foreign trade in artworks, antiques and collectibles reached $117.5 million between 2020 and September 2023. Artwork sales are estimated to contribute more than $200 million annually to the country's economy, while online auctions continue to grow.
S7 Airlines will increase Moscow–Antalya flights to 11 per week from September 2
S7 Airlines will operate additional flights from Moscow and Novosibirsk to Antalya in September. Moscow–Antalya flights will increase to 11 per week on September 2, while additional Antalya flights from Novosibirsk will begin on September 7.

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