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Bloomberg
22-05-2025
- Business
- Bloomberg
Erdogan Signals Return of Loan Program That Fueled Credit Boom
Turkish President Recep Tayyip Erdogan signaled the potential revival of a state-backed loan guarantee program that previously triggered a surge in corporate lending, raising the prospect of looser financial conditions for businesses. 'I care about the Credit Guarantee Fund,' Erdogan told reporters on his return from a visit to Hungary, according to broadcaster NTV, adding that he had issued the 'necessary warnings' to officials to activate the program.


The Verge
08-05-2025
- Politics
- The Verge
Turkey blocks imprisoned opposition leader's X account
Turkish authorities have banned the X account of Istanbul mayor Ekrem Imamoglu, who was jailed in March. Imamoglu had been posting daily messages from prison via his lawyers, the BBC reports. Imamoglu, a member of the Republican People's Party (CHP), was planning to run against President Recep Tayyip Erdogan in 2028. Imamoglu's account is still accessible abroad.