Turkey’s Prime Minister Recep Tayyip Erdogan entered the last week of 2013 reeling from a corruption probe that has splintered his party and highlighted economic vulnerabilities as investors unload the nation’s risk.
Turkish Prime Minister Recep Tayyip Erdogan said graft allegations against government officials and businessmen are hurting the economy, escalating a counterattack on what he described as a “gang” within the state bureaucracy.
Turkey rejected an appeal by retired Chief of General Staff Ilker Basbug to be tried by the Supreme Court in connection with an investigation of alleged coup plots against Prime Minister Recep Tayyip Erdogan, Milliyet reported.
Turkey will tighten its certification and inspection regime for alcohol importers after four Russian visitors died and 15 others were hospitalized due to poisoning by counterfeit alcohol served on a cruise, Milliyet reported.
Turkey is planning to create a dual-fund system to lock in savings for a longer period and increase the size of personal pension contributions, Milliyet reported, without saying how it got the information.
The European Union plans to criticize Turkey’s investigation into alleged coup plots and the country’s deteriorating press freedoms in its annual progress report, Milliyet reported, citing a draft text.