Turk­ish Air­lines.

Kathimerini English - - Front Page -

for May showed tourism earn­ings down 10.4 per­cent year-on-year as visi­tors reined in spend­ing. That tight­en­ing of the purse strings was most pro­nounced with a 29.2 per­cent drop in spend­ing by Bri­tons, where a see­saw­ing ster­ling, weak­ened by the ref­er­en­dum to leave the Euro­pean Union, made hol­i­days in Greece more ex­pen­sive. As­so­ci­a­tion of Hel­lenic Tourism En­ter­prises (SETE) Pres­i­dent An­dreas An­dreadis said ar­rivals may turn out lower than ini­tial es­ti­mates, while rev­enues could grow by 1-2 per­cent. “This year’s pro­jec­tion is a puz­zle for ad­vanced play­ers. It’s like quick­sand.” week, the Sav­ings De­posit In­sur­ance Fund and Cap­i­tal Mar­kets Board halted ac­tiv­i­ties by the bank, which was founded by fol­low­ers of US-based Is­lamic cleric Fethul­lah Gulen. Turk­ish au­thor­i­ties ac­cuse Gulen of or­ches­trat­ing the failed mil­i­tary coup, a charge he de­nies.

Turkey’s state-run Turk­ish Air­lines said yes­ter­day it had fired 211 em­ploy­ees, cit­ing their links to a re­li­gious move­ment Pres­i­dent Re­cep Tayyip Er­do­gan has blamed for the failed at­tempt to over­throw the govern­ment on July 15. In a state­ment, the air­line said the em­ploy­ees’ con­tracts were ter­mi­nated due to op­er­a­tional ne­ces­sity, in­ef­fi­ciency, poor per­for­mance as well as pro­vid­ing sup­port to the move­ment of Fethul­lah Gulen.

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