News archive of July 2024

Foreign trade deficit widens 21 percent in June

Türkiye's foreign trade balance posted a deficit of $6.44 billion in June, widening 21.4 percent from a year ago, the Trade Ministry has said.

Exports fell 10.6 percent year-on-year to $18.6 billion, while the annual decline in imports was 4.1 percent to $25 billion.

The export/import coverage ratio deteriorated from 79.7 percent in June 2023 to 74.3 percent last month.

Türkiye says Mideast policy based on national interests

Türkiye has reiterated that it follows a principled stance in pursuing foreign policy regarding the Middle East and underlined once again that it won't hesitate to take necessary measures to counter the threats to its national security.

Petkovic: Pristina showed it is not ready for normalisation

BRUSSELS - The head of the Serbian government Office for Kosovo-Metohija Petar Petkovic said on Tuesday evening Pristina had shown it was not ready for normalisation of relations with Belgrade and further discussions in technical dialogue.

New Biometric ID Cards Cause Banking Headaches in Bulgaria

Bulgarian citizens are facing unexpected hurdles with the rollout of new biometric ID cards equipped with a data chip, as certain bank offices are unable to process them through their specialized devices, reports "Sega".

Landline use ever-shrinking

Landline telecommunications have been in continuous decline in recent years in Greece with the advent of cellphones, according to the data of the National Telecommunications and Posts Commission (EETT).

Summer sales 2024: When do they start – What consumers should watch out for

Summer sales begin on July 8, 2024 at stores across the country, and stores are expected to be open on the second Sunday in July.

The second half of the year will start on Sunday, with the first day of the second half of the year being the second day of the second half.

The summer sales and will run through Aug. 31.

Bulgarian Businesses Trapped in Rising Wages and Low Productivity

Bulgarian businesses are facing a critical juncture as they grapple with escalating wages amidst persistently low productivity, prompting calls for substantial reforms in the labor market and education system to bolster competitiveness. Economists at the Ministry of Finance's Council for Economic Analysis recently highlighted these challenges during their annual conference.

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