The New Turkish Commercial Code No. 6102 (“New TCC”) was published in the Official Gazette on February 14, 2011. As stipulated in the New TCC and the Law on Effectiveness and Implementation of the Turkish Commercial Code No. 6103 (“Code on Effectiveness of New TCC”), the new code came into effect on July 1, 2012….
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High unemployment among young college graduates in Turkey
According to a research paper by Isıl Kurnaz, a faculty member at the School of Economics and Administrative Sciences of Gazi University in Ankara, unemployment among college graduates between the ages of 18 and 24 has reached 30\%. The paper points out that the unemployment rate among college graduates totals 8.7\%, whereas the rate goes…