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Türkiye’s economy grows 4 percent in first quarter

Turkey's economy expanded more than expected at the start of the year, bolstered by pre-election spending and strong household consumption.

Türkiye's gross domestic product (GDP) grew 4 percent year-on-year in the first quarter, data from the Turkish Statistical Institute (TÜİK) released on May 31 showed.

Gas a priority for affordable electricity generation, Cyprus Chamber agrees

The Cyprus Chamber of Commerce and Industry (CCCI) agrees with Nicosia's priority to bring natural gas το Cyprus, in order to produce cheap electricity, said CCCI President Christodoulos Angastiniotis, after a meeting held between the CCCI and the country's President Nikos Christodoulides on Tuesday. 

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