CHP’s İşbank shares to be transferred to Treasury sooner or later: Erdoğan

President Recep Tayyip Erdoğan has reiterated that the main opposition party Republican People’s Party’s (CHP) stake in the listed private lender İşbank will be transferred to the country’s Treasury. After the death in 1938 of Mustafa Kemal Atatürk, founder of the Turkish Republic, his 28.1 percent stake in İşbank was transferred to the CHP. Source Daily Hurriyet

Turkey to Begin Seismic Research Over Greek Continental Shelf

Turkey issued an announcement on Thursday declaring it will conduct “seismic research” in a large area of the Eastern Mediterranean which includes parts of the Greek continental shelf and the Cypriot E.E.Z. The new Turkish navigational telex (NAVTEX) refers to an area which overlaps both the Exclusive Economic Zone (EEZ) of the Republic of Cyprus and Greece’s continental shelf off the island complex of Kastellorizo. Source Greek Reporter