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Author: Güldem Atabay

Turkey’s construction cost index flat in February over January
Categories Economy General

Turkey’s construction cost index flat in February over January

Güldem AtabayPosted on12 April, 2021

In February 2021, construction cost index (CCI) decreased by 0.03% compared with previous month yet … Continue ReadingTurkey’s construction cost index flat in February over January

Turkish central bank to keep policy rate at 19% this week
Categories Economy HIGHLIGHTS

Turkish central bank to keep policy rate at 19% this week

Güldem AtabayPosted on12 April, 2021

The Turkish lira weakened on Monday as investor concerns grew over deteriorating economic conditions in … Continue ReadingTurkish central bank to keep policy rate at 19% this week

Growing support for Istanbul Convention, declining votes for Erdoğan
Categories Economy General HIGHLIGHTS

Growing support for Istanbul Convention, declining votes for Erdoğan

Güldem AtabayPosted on12 April, 202112 April, 2021

The Operational Social Research Center has shared the findings of its March 2021 public opinion … Continue ReadingGrowing support for Istanbul Convention, declining votes for Erdoğan

Central bank governor change pushes up inflation expectations significantly
Categories Economy HIGHLIGHTS

Central bank governor change pushes up inflation expectations significantly

Güldem AtabayPosted on9 April, 20219 April, 2021

According to the Central Bank’s Expectations Survey for April 2021, consumer inflation (CPI) expectations rose … Continue ReadingCentral bank governor change pushes up inflation expectations significantly

Selva Demiralp: Inflation, central bank credibility, institutional independence
Categories Economy General

Selva Demiralp: Inflation, central bank credibility, institutional independence

Güldem AtabayPosted on9 April, 2021

As the former Fed chair Ben Bernanke once put it, “Monetary policy is 98 percent … Continue ReadingSelva Demiralp: Inflation, central bank credibility, institutional independence

Turkish cenbank to hold rates in new chief’s first decision – Reuters poll
Categories Economy HIGHLIGHTS HYPED

Turkish cenbank to hold rates in new chief’s first decision – Reuters poll

Güldem AtabayPosted on8 April, 2021

Turkey’s central bank is expected to hold interest rates at 19% next week at its … Continue ReadingTurkish cenbank to hold rates in new chief’s first decision – Reuters poll

Turkey’s net FX reserves lowest in 18 years at $10.68 billion
Categories Economy HIGHLIGHTS

Turkey’s net FX reserves lowest in 18 years at $10.68 billion

Güldem AtabayPosted on8 April, 2021

The Turkish central bank’s net international reserves fell to its lowest level since 2003 at … Continue ReadingTurkey’s net FX reserves lowest in 18 years at $10.68 billion

Turkey’s daily new COVID-19 cases near 56,000, at record high
Categories Economy HIGHLIGHTS

Turkey’s daily new COVID-19 cases near 56,000, at record high

Güldem AtabayPosted on8 April, 2021

Turkey recorded 55,941 new coronavirus cases in the last 24 hours, health ministry data showed … Continue ReadingTurkey’s daily new COVID-19 cases near 56,000, at record high

Italy’s Draghi accuses ‘dictator’ Erdogan, draws Turkey’s condemnation
Categories HIGHLIGHTS Politics

Italy’s Draghi accuses ‘dictator’ Erdogan, draws Turkey’s condemnation

Güldem AtabayPosted on8 April, 2021

Italian Prime Minister Mario Draghi on Thursday accused Turkish President Tayyip Erdogan of humiliating European … Continue ReadingItaly’s Draghi accuses ‘dictator’ Erdogan, draws Turkey’s condemnation

EU-Turkey in blame game over ‘sofagate’ after von der Leyen left standing
Categories Economy HIGHLIGHTS Politics

EU-Turkey in blame game over ‘sofagate’ after von der Leyen left standing

Güldem AtabayPosted on8 April, 2021

Turkey and Europe are buying and selling blame over who left the European Fee chief … Continue ReadingEU-Turkey in blame game over ‘sofagate’ after von der Leyen left standing

Erdogan’s central bank overhaul set up slower growth, higher inflation
Categories Economy HIGHLIGHTS

Erdogan’s central bank overhaul set up slower growth, higher inflation

Güldem AtabayPosted on8 April, 2021

Turkish President Erdogan set the stage for higher inflation and slower economic growth when he … Continue ReadingErdogan’s central bank overhaul set up slower growth, higher inflation

Foreign Affairs: U.S.-Russian Relations Will Only Get Worse
Categories Economy General Politics

Foreign Affairs: U.S.-Russian Relations Will Only Get Worse

Güldem AtabayPosted on8 April, 2021

It is hard to imagine that U.S.-Russian relations could get much worse, but sadly, they … Continue ReadingForeign Affairs: U.S.-Russian Relations Will Only Get Worse

Fitch Ratings: Refinancing risks for Turkish banks have increased
Categories Economy HIGHLIGHTS

Fitch Ratings: Refinancing risks for Turkish banks have increased

Güldem AtabayPosted on7 April, 2021

Refinancing risks for Turkish banks have increased following the replacement of Turkey’s central bank (CBRT) … Continue ReadingFitch Ratings: Refinancing risks for Turkish banks have increased

Turkish government ‘orchestrated troll armies during pandemic’
Categories General Politics

Turkish government ‘orchestrated troll armies during pandemic’

Güldem AtabayPosted on7 April, 2021

The ruling Justice and Development Party (AKP) orchestrated troll armies during the COVID-19 pandemic, Amnesty … Continue ReadingTurkish government ‘orchestrated troll armies during pandemic’

Erdogan: Interest rates will be lowered to single digits; main opposition CHP behind the retired admirals declaration
Categories Economy HIGHLIGHTS Politics

Erdogan: Interest rates will be lowered to single digits; main opposition CHP behind the retired admirals declaration

Güldem AtabayPosted on7 April, 2021

Turkish President Erdoğan said a declaration by over 100 retired naval admirals at the weekend … Continue ReadingErdogan: Interest rates will be lowered to single digits; main opposition CHP behind the retired admirals declaration

Turkey tops Europe for COVID-19 infections as cases reach record high
Categories Economy HIGHLIGHTS

Turkey tops Europe for COVID-19 infections as cases reach record high

Güldem AtabayPosted on7 April, 20217 April, 2021

COVID-19 cases in Turkey hit a daily 49,584 on Tuesday, the highest figure since the … Continue ReadingTurkey tops Europe for COVID-19 infections as cases reach record high

Fukuyama: Droning On in the Middle East
Categories HIGHLIGHTS Politics

Fukuyama: Droning On in the Middle East

Güldem AtabayPosted on7 April, 2021

Back in the early 2010s when I first started playing with drones, I speculated in the FT that … Continue ReadingFukuyama: Droning On in the Middle East

Turkcell Sounds Out Banks on IPO Plan for Its Internet Unit
Categories Company & Industry HIGHLIGHTS

Turkcell Sounds Out Banks on IPO Plan for Its Internet Unit

Güldem AtabayPosted on6 April, 2021

Turkey’s biggest mobile operator Turkcell Iletisim Hizmetleri AS has approached several investment banks for an advisory role … Continue ReadingTurkcell Sounds Out Banks on IPO Plan for Its Internet Unit

Central Bank blames commodity prices, wek TL and supply problems for rising inflation
Categories Economy HIGHLIGHTS

Central Bank blames commodity prices, wek TL and supply problems for rising inflation

Güldem AtabayPosted on6 April, 2021

The Central Bank has released the Monthly Price Developments Report for March. With monthly consumer … Continue ReadingCentral Bank blames commodity prices, wek TL and supply problems for rising inflation

Independent scholars say Turkey’s March inflation at
Categories Economy HIGHLIGHTS

Independent scholars say Turkey’s March inflation at

Güldem AtabayPosted on5 April, 2021

The ENAGrup monthly inflation rate is estimated at 3.36% in March 2021. Certain factors played … Continue ReadingIndependent scholars say Turkey’s March inflation at

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