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July 30, 2024

World Bank’s contribution to Trkiye reaches $3.7B

ANKARA: With the approved loan of $600 million, the amount of financing provided by the World Bank for Trkiye in 2024 is close to $3.7 billion, said the Turkish Treasury and Finance Minister Mehmet Simsek.

The loan of $600 million to ensure the susta…

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French economy grows 0.3% quarterly in Q2

ISTANBUL: France’s inflation-adjusted gross domestic product (GDP) climbed 0.3% in the second quarter of the year compared to the previous quarter, the first estimate released on Tuesday showed.

The contribution of the final domestic demand (excludin…

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Austrian economy stagnates in Q2

ISTANBUL: Austria’s gross domestic product (GDP) stagnated in the second quarter of the year, down minus 0%, easing from a 0.2% increase in the first quarter, the flash estimate showed.

The Austrian Institute of Economic Research (WIFO) said on Tuesd…

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Euro area economy grows 0.3% in 2nd quarter

ANKARA: The euro area’s gross domestic product (GDP) rose 0.3% quarter-on-quarter this April-June, better than market forecast, according to a flash estimate released on Tuesday.

The figure followed a 0.3% growth in the first quarter, Eurostat data s…

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Qatar’s annual inflation up to 0.98% in June

ISTANBUL: Qatar’s consumer price index (CPI) rose to 0.98% year-on-year in June, up from 0.93% in May, the country’s statistical authority said on Tuesday.

Price increase was mainly driven by 14.09% in recreation and culture, 3.42% in education, and …

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