Turkey, minimum wage

Turkey raises monthly minimum wage by 30% for 2025
ISTANBUL (Reuters) - Turkey's net monthly minimum wage will be 22,104 Turkish lira ($630.36) in 2025, Turkish President Tayyip Erdogan said on Tuesday, marking a 30% increase from 2024. The minimum wage hike, which impacts some 9 million workers and is ...
New minimum wage in Turkey: A declaration of war on the working class
This attack of the government against the social conditions of the workers in order to increase the profits and wealth of the big companies and banks and to allocate more resources to military spending is an integral part of the “war abroad,
Turkey Raises Minimum Wage by 30%, Boosting Rate Cut Chances
Turkey raised the monthly minimum wage by 30%, a relief for investors looking for concrete steps to dial back populist policies and commit to curbing one of the world’s highest inflation rates.
Erdogan announces 30 pc increase in minimum wage in Turkey
Turkish President Recep Tayyip Erdogan said on Tuesday that the minimum wage in the country had been increased by 30% to 22,104 Turkish lira (about $630). “In 2025, the net minimum wage will be 22,104 Turkish lira with a 30% increase.
Turkey’s finance minister signals above-inflation raise for minimum wage
Mehmet Şimşek's statements fueled expectations that the government could make a higher increase to the minimum wage.
Turkey hikes minimum wage by 30% in line with financial market demands
By Akin Nazli in Belgrade Turkey has hiked its net minimum wage by 30% to Turkish lira (TRY) 22,104 ($627) effective as of January 1, 2025, labour minister Vedat Isikhan said on December 24. The cost of the minimum wage to the employer,
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Thousands protest in Turkey to demand bigger hike in minimum wage
ANKARA (Reuters) - Thousands of people protested in Turkey's capital Ankara on Saturday to demand a bigger hike in the minimum wage, chanting slogans calling on the government to resign and ...
Turkish cenbank rate cut expectations rise after 30% minimum wage hike
By Nevzat Devranoglu ANKARA (Reuters) -Expectations of a Turkish central bank rate cut strengthened on Wednesday after a less ...
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'Condemned to hunger': Turkey's below-inflation minimum wage rise sparks anger
Rising rental costs underscore the inadequacies of the new minimum wage, especially since 42 percent of Turks earn just the ...
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Turkey Ups Minimum Wage by 30%
Turkey will raise its monthly minimum wage to 22,104 Turkish lira ($628.53) in 2025. The move arrived as the central bank lowered key interest rates by 250 basis points to 47.5 percent—its first ...
Turkey Lowers Interest Rate To 47.5 Percent
Turkey's central bank lowered its key interest rate on Thursday, the first cut in nearly two years as it battles with ...