Economy 5 sources 18 Sept, 16:58

Gap between state grain board price and free market price for hazelnuts under debate

In Ordu, the free market price for hazelnuts is 170-180 lira per kilogram, and 190 lira in Giresun; the Soil Products Office's (TMO) Levant-quality purchase price is cited in sources as either 250 or 255 lira. The Trade Ministry and Competition Authority are reported to have launched a field investigation.

Fındıkta fiyatlar çakıldı, üretici rotayı değiştirdi: Fındığı daha pahalıya satmanın yolu - Dünya Gazetesi — Photo: Dünya

News sources 5 sources

State State Pro-government Pro-gov Independent Indep. Opposition Opp. Foreign Foreign

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SPK 131 fonun tasfiye yöntemini açıkladı: Tera fonları İş Bankası’na, diğer altı şirketin fonları Ziraat’e - Serbestiyet — Photo: Serbestiyet

Economy World press 41 sources 19 Sept, 05:05

Capital Markets Board (SPK) assigns İş Bankası and Ziraat Bankası for liquidation of 130 funds

Assets of 130 funds belonging to seven portfolio management companies will be converted to cash, with the process to be completed within three months at most. Treasury and Finance Minister Mehmet Şimşek said, "There is no structural problem in the stock market or the fund market."

State State Pro-government Pro-gov Independent Indep. Opposition Opp. Foreign Foreign

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Where reports differ

State media According to a statement reported by TRT Haber, Şimşek said the problem was limited to a small number of free funds stemming from credit and liquidity issues, that 131 out of 2,038 funds were affected, and that there was no systemic risk.

Opposition press Artı Gerçek wrote that the funds subject to the liquidation decision belong to approximately 550,000 investors and have a total size calculated at around $17 billion (826 billion lira).

Capital Markets Board (SPK) Mehmet Şimşek İş Bankası Ziraat Bankası Tera Portföy Yönetimi TEFAS

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Gap between state grain board price and free market price for hazelnuts under debate

News sources 5 sources

Who is in this story

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Capital Markets Board (SPK) assigns İş Bankası and Ziraat Bankası for liquidation of 130 funds

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