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'Interest Rate Cuts Are Not Enough, a Restructuring Law Is Needed'

Summary by Aydınlık
The Central Bank has lowered the maximum interest rates on credit card transactions. Commenting on the regulation, which will come into effect on January 1st, Mehmet Bülent Deniz, President of the Consumer Union Federation, stated that the decision was overdue and that the reduction would only provide limited relief.
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The Central Bank has lowered the maximum interest rates on credit card transactions. Commenting on the regulation, which will come into effect on January 1st, Mehmet Bülent Deniz, President of the Consumer Union Federation, stated that the decision was overdue and that the reduction would only provide limited relief.

·Türkiye
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Aydınlık broke the news in Türkiye on Saturday, December 13, 2025.
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