Categories Economy HIGHLIGHTS Finance Minister to meet with investors, EU ambassadors to discuss economic measures Güldem AtabayPosted on16 March, 202116 March, 2021 Turkey’s President Erdogan announced the new economic “reform” measures last Friday. The package was not … Continue ReadingFinance Minister to meet with investors, EU ambassadors to discuss economic measures
Categories Economy Güldem Atabay HIGHLIGHTS Turkey bars companies from laying off workers for another two months Güldem AtabayPosted on9 March, 202115 March, 2021 President Erdogan extended a ban on firms laying off workers, a measure first implemented after … Continue ReadingTurkey bars companies from laying off workers for another two months
Categories Economy HIGHLIGHTS Politics Albayrak reshuffle continues: TWF Fund Chief to resign too Güldem AtabayPosted on8 March, 202115 March, 2021 The chief executive of Turkey’s sovereign wealth fund is set to step down, according to … Continue ReadingAlbayrak reshuffle continues: TWF Fund Chief to resign too
Categories Finance General HIGHLIGHTS Markets Inflation scare: Turkish central bank raises FX RR ratio by 300 bps implying no rate cut this week Güldem AtabayPosted on18 July, 202018 July, 2020 As per the central bank announcement today, FX reserve requirement ratios have been increased by … Continue ReadingInflation scare: Turkish central bank raises FX RR ratio by 300 bps implying no rate cut this week
Categories Economy Emerging Markets General HIGHLIGHTS Turkey’s fiscal dismal- and COVID-19 is not only cause Güldem AtabayPosted on16 July, 202017 July, 2020 The math is simple: Turkey’s fiscal accounts that already have been deteriorating before COVID-19 is … Continue ReadingTurkey’s fiscal dismal- and COVID-19 is not only cause
Categories Economy Emerging Markets Finance Güldem Atabay Fresh data show Turkey’s economy in deep deep trouble Güldem AtabayPosted on13 July, 202014 July, 2020 As the calendars marked the anniversary of the second year of presidential system in Turkey … Continue ReadingFresh data show Turkey’s economy in deep deep trouble
Categories Politics AKP presses on with ‘multiple bar associations bill’ despite intense protests from lawyers Güldem AtabayPosted on9 July, 202011 July, 2020 The bill allowing multiple bar associations in a province has been widely criticized and protested … Continue ReadingAKP presses on with ‘multiple bar associations bill’ despite intense protests from lawyers
Categories Economy Emerging Markets Güldem Atabay Constantly off the central bank path: Turkey’s inflation up again making near-by rate cuts unfeasible Güldem AtabayPosted on3 July, 20206 July, 2020 Turkey’s June consumer price inflation (CPI) at 1.13% beats the market expectation again on the … Continue ReadingConstantly off the central bank path: Turkey’s inflation up again making near-by rate cuts unfeasible
Categories Economy Emerging Markets Turkey’s PMI back to growth territory Güldem AtabayPosted on1 July, 20201 July, 2020 The rebound in the Turkish manufacturing PMI has continued with a return to growth territory. … Continue ReadingTurkey’s PMI back to growth territory
Categories Economy Turkey’s central bank finally realizes the rise in inflation thus no rate cut… well that was a surprise Güldem AtabayPosted on25 June, 202027 June, 2020 Today’s Monetary Policy Committee (MPC) produced no rate cuts despite 25 basis points expected on … Continue ReadingTurkey’s central bank finally realizes the rise in inflation thus no rate cut… well that was a surprise
Categories Economy Emerging Markets Finance This week’s meeting: Turkey’s monetary easing almost coming to an end Güldem AtabayPosted on22 June, 202023 June, 2020 Turkey’s central bank will have its Monetary Policy meeting this week; on Thursday. Without any … Continue ReadingThis week’s meeting: Turkey’s monetary easing almost coming to an end
Categories Economy Emerging Markets Fast and furious: Turkey’s May inflation accelerates Güldem AtabayPosted on3 June, 20205 June, 2020 Turkey’s consumer price index (CPI) increased by 11.39% annually and 1.36% monthly in May compared … Continue ReadingFast and furious: Turkey’s May inflation accelerates
Categories Economy Emerging Markets Finance April trade data awful; export recovery will be painful Güldem AtabayPosted on29 May, 20202 June, 2020 As per the official data in April, Turkey’s exports and imports decreased by 41.4% and … Continue ReadingApril trade data awful; export recovery will be painful
Categories Economy Emerging Markets Turkey makes a weak start to 2020 making full year GDP contraction unavoidable Güldem AtabayPosted on29 May, 20204 June, 2020 Turkey’s economy posted 1Q20 GDP growth of an annual 4.5 percent, the Turkish Statistical Institute … Continue ReadingTurkey makes a weak start to 2020 making full year GDP contraction unavoidable
