Analysis
Smart, independent reporting on Turkey's politics, economy and foreign affairs.
Garanti BBVA, the high-street bank majority-owned by Spain’s BBVA, has agreed to pay a fine of 1.55 billion liras ($31.8 million) after settling an antitrust investigation into labor market practices, the lender disclosed on the Public Disclosure Platform (KAP).
Sixty thousand cross to Ceuta, most turn right back around, EU ministers blast Spain, then quietly walk it down.
The German government has dropped its veto on the sale of 40 Eurofighter Typhoon jets to Turkey, thanks to the requests of the Turkish opposition, claimed Özgür Özel, the head of the CHP. While Berlin has been dragging its feet on talks for the warplanes, which are built by a consortium of Germany, Britain, Italy, and Spain, a news report suggested in April that the German government had decided to keep blocking the sale due to the arrest of Istanbul Mayor Ekrem İmamoğlu on March 19. While such a decision was never officially confirmed, İmamoğlu tweeted from his prison cell, objecting to the veto and Özel kept the issue on the agenda during talks with his German counterparts.