Topic - Mehmet Simsek

Finance Minister Mehmet Simsek, tasked with implementing austerity and taming inflation, said the 17,000 lira ($488) monthly minimum wage isn't low.

Soaring costs in Turkey creating 'lost generation' of kids forced to help their families get by →

Simsek said soon after his appointment that Turkey had no other option but to return to a “rational ground.”

Turkey's central bank sharply raises interest rates. That could signal an economic turnaround →