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Erdogan Promises Gas Bill Discounts; Turkey Celebrates Eid

TURKEY
  • Note Turkey’s markets are closed today as the nation celebrates the Eid holiday.
  • President Erdogan promised discounted natural gas bills for households for a year in his latest financial giveaway ahead of the elections in May. “We are providing free natural gas used in households’ kitchens and hot water for a year,” Erdogan said on Thursday evening. The government has rolled out a series of large infrastructure and defence projects ahead of the vote. Next week, Erdogan is set to inaugurate Turkey's first nuclear power reactor built by Russia's state nuclear energy company Rosatom.
  • There are no data releases or speaker events scheduled today.

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