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The Turkish economy is in bad shape. President Recep Tayyip Erdogan took the markets by surprise when he decided on December 20 to link the value of certain bank deposits in Turkish lira to the dollar. Turkey’s currency rallied sharply, from 18.45 pounds per euro on December 18, to 12.06 pounds per euro on December…
Monetary crisis in Turkey is accelerating. In 2021, the dollar appreciated up to 129% against the Turkish lira. Interest rate cut by 500 basis points since September. 50% increase in the minimum wage, up to 10 points more on inflation. Turkey’s currency sank into the crisis on Friday, slipping again, 8%, to an all-time low,…
Medical tourism in Turkey is gaining more and more notoriety. Despite the health crisis of the new coronavirus having heavily affected tourism, Turkey, having invested heavily in the sector and welcomed 1,200,000 health tourists in 2020. Thus becoming the 4th destination in the world. With its growing investments in the medical tourism sector, Turkey has…
Against the background of a positive reporting season, the decline in the Turkish lira continues on the foreign exchange market. the stock markets have risen significantly. Turkish lira decline Against the background of a positive development in the reporting season for the third quarter as well as decreasing fears of a significant tightening of monetary…
To facilitate monitoring and management of the health crisis, the Turkish authorities are demanding a HES code “Hayat Eve Sığar”, named after the application they have developed. Who can obtain HES Code in Turkey ? This code can be obtained depending on your situation as follows: – if you are not resident in Turkey and…
“Employment of foreigners in Turkey and Turkish tax law” article is published by Azkan Group specialist in Umbrella Company Turkey/Payroll Turkey and Recruitment Turkey since 2005. Employment of foreigners in Turkey and Turkish tax law As a general rule, foreigners are obliged to get permission before they start to work dependently or independently in Turkey.…
“Sickness benefits in Turkish labor law” is published by Azkan Group, expert in Umbrella Company Turkey since 2005. Sickness benefits in Turkish labor law In order to qualify for sickness benefits in Turkish labor law, the claimant must be either in insured employment, be a dependant of the insured person, or a pensioner. The benefits…
Statutory in Turkish Labour Law is an article written by Azkan Group, expert in Umbrella Company Turkey and Recruitment Turkey services since 2005. In order to qualify for sickness benefits, the claimant must be either in insured employment, be a dependant of the insured person, or a pensioner. The benefits indicated below shall be provided…
Occupational accidents and diseases in Turkish labour law article is presented by Azkan Group, specialist in Payroll Turkey and Recruitment Turkey services since 2005. Occupational accidents and diseases in Turkish labour law : Turkish employees involved in accidents at work of suffering from occupational diseases will be entitled to the following benefits : Healthcare…
This article, published by Azkan Group specialized in Umbrella Company Turkey is about Occupational accidents and diseases in Turkish Labour Law. Occupational accidents and diseases in Turkish labour law Please check all the informations below regarding Occupational accidents and diseases in Turkish Labour Law. Employees involved in accidents at work or suffering from occupational diseases will…
