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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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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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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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European stocks close higher except in UK

ISTANBUL: European stock exchanges closed Tuesday higher, except in the UK.

The STOXX Europe 600, which includes around 90% of the market capitalization of the European market in 17 countries, was up 2.29 points, or 0.45%, to finish at 514.08.

Germa…

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