Politics · Turkey · 16 hrs ago

Erdoğan says there will be no concessions in capital markets fund probe

Erdoğan says there will be no concessions in capital markets fund probe

President Recep Tayyip Erdoğan said Turkey would make no concessions in a fund investigation after a Cabinet meeting.

The investigation concerns funds in Turkey’s capital markets, and Erdoğan said the work was being closely monitored.

Turkey’s exports reached a record $236.8 billion from January to October, up 5.5% from the same period a year earlier.

Tourism revenue rose 2.4% to $51.3 billion in the first nine months of 2026, with 49.1 million visitors.

Erdoğan said a floating platform would double Black Sea gas production, enough to supply eight million homes instead of four million.

The platform, Osman Gazi, was sent to its operating location on October 17, and its start-up is expected to raise production.

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Recep Tayyip ErdoğanPresident of Turkey
God willing, there will be no slightest concession or delay in this.
via Bloomberg HT