Categories Economy HIGHLIGHTS Politics Turkey facing news sanctions Atilla YeşiladaPosted on22 July, 2021 It never gets better between Turkey and the West. A Russian source telling the press … Continue ReadingTurkey facing news sanctions
Categories Economy HIGHLIGHTS Politics Turkey: Decline in the Rule of Law and Economy Atilla YeşiladaPosted on16 July, 2021 Five leading Turkish experts in politics and economy debate Turkey’s deepest problems: Institutional collapse, … Continue ReadingTurkey: Decline in the Rule of Law and Economy
Categories Economy HIGHLIGHTS A Uniquely Turkish Disease: High Chronic Inflation Atilla YeşiladaPosted on16 July, 2021 In June 2021, Turkish CPI rose to 17.5% YoY. Turkey is among the top … Continue ReadingA Uniquely Turkish Disease: High Chronic Inflation
Categories Business Economy HYPED Erdal Saglam: Unemployment data is no longer an indicator in Turkey Atilla YeşiladaPosted on14 July, 2021 The unemployment rate in May was 13.2 percent in Turkey. The data shows that the … Continue ReadingErdal Saglam: Unemployment data is no longer an indicator in Turkey
Categories Economy HIGHLIGHTS Turkey’s policy rate kept at 19 percent; ambiguity prevails Güldem AtabayPosted on14 July, 202114 July, 2021 The Central Bank Monetary Policy Committee (MPC) left its policy rate (one-week repo) unchanged at … Continue ReadingTurkey’s policy rate kept at 19 percent; ambiguity prevails
Categories Economy HIGHLIGHTS Turkey’s growth slowing down and fast Güldem AtabayPosted on13 July, 2021 Turkey’s industrial production increased by 1.3% monthly in May. Among the subsectors of the industry, … Continue ReadingTurkey’s growth slowing down and fast
Categories Economy Finance HIGHLIGHTS World’s Largest Airport Refinances Debt in Record Turkish Deal Güldem AtabayPosted on13 July, 2021 The operator of Istanbul’s new airport, set to be the world’s largest when completed in … Continue ReadingWorld’s Largest Airport Refinances Debt in Record Turkish Deal
Categories Company & Industry Economy An Overview of the Turkish Economy in 2021 Cem CetingucPosted on13 July, 2021 Volkan Korkmazer The CBRT inflation target for the end of 2021 is approximately 12% and … Continue ReadingAn Overview of the Turkish Economy in 2021
Categories Economy EBRD forecasts 5.5 pct growth in Turkish economy, 4.2 pct in emerging countries Atilla YeşiladaPosted on10 July, 2021 Turkey’s economy is expected to grow by 5.5 percent in 2021 and 4 percent in … Continue ReadingEBRD forecasts 5.5 pct growth in Turkish economy, 4.2 pct in emerging countries
Categories Economy HIGHLIGHTS Reuters Turkey poll: Turkey’s economy to grow 5.5% in 2021 amid tougher inflation battle Atilla YeşiladaPosted on10 July, 2021 Turkey’s economy will grow 5.5% annually this year, more than previously thought and close to … Continue ReadingReuters Turkey poll: Turkey’s economy to grow 5.5% in 2021 amid tougher inflation battle
Categories Economy General Macro Snapshot: Policy rate seems stable in July but could be decreased by 25-50bps in next 3 months, CBRT Survey indicates Cem CetingucPosted on10 July, 2021 MoM expectations were over the historical averages in the coming months (2003-2019 Median – Jul.: … Continue ReadingMacro Snapshot: Policy rate seems stable in July but could be decreased by 25-50bps in next 3 months, CBRT Survey indicates
Categories Economy General HIGHLIGHTS Turkey’s current account deficit narrowing but only very slowly Güldem AtabayPosted on9 July, 20219 July, 2021 Turkey posted a current account deficit of USD 3,081 million that is USD 919 mn … Continue ReadingTurkey’s current account deficit narrowing but only very slowly
Categories Business Company & Industry Economy Green projects in Turkey to create 100,000 + new jobs Cem CetingucPosted on9 July, 2021 A visible pipeline of 238 renewable projects in Turkey is expected to generate 9.2 gigawatts of capacity and 110,000 … Continue ReadingGreen projects in Turkey to create 100,000 + new jobs
Categories Economy HIGHLIGHTS Erdoğan replaces head of Turkish state-run asset management firm Güldem AtabayPosted on8 July, 2021 Turkish President Erdoğan replaced the chief of the Savings Deposit and Insurance Fund of Turkey … Continue ReadingErdoğan replaces head of Turkish state-run asset management firm
Categories Economy HIGHLIGHTS Elections re-loading: Turkey’s banks set for capital healing after pandemic battle -sources Güldem AtabayPosted on8 July, 2021 Turkey is considering a fresh capital injection for state banks but they also need a … Continue ReadingElections re-loading: Turkey’s banks set for capital healing after pandemic battle -sources
Categories Business Economy EU’s Green Agenda for the Western Balkans Packs a Risky Geopolitical Agenda Atilla YeşiladaPosted on6 July, 2021 “EU funding mobilized for the Western Balkans’ green transformation could ultimately flow right into the … Continue ReadingEU’s Green Agenda for the Western Balkans Packs a Risky Geopolitical Agenda
Categories Economy FX passthrough become evident in CPI inflation in June Atilla YeşiladaPosted on5 July, 2021 Gedik Invest, one of the leading brokerage houses in Turkey analyzed today’s June inflation data. … Continue ReadingFX passthrough become evident in CPI inflation in June
Categories Economy HIGHLIGHTS Turkish Inflation Soars in Blow to Erdogan’s Rate-Cut Hopes Güldem AtabayPosted on5 July, 2021 Turkish inflation accelerated faster than all estimates last month, reducing the likelihood of a summer … Continue ReadingTurkish Inflation Soars in Blow to Erdogan’s Rate-Cut Hopes
Categories Economy HIGHLIGHTS Politics FT: Economic slide sends support for Erdogan to all-time low Güldem AtabayPosted on5 July, 2021 Hediye Bas accuses the dams, highways and the network of tunnels crossing the forested valley … Continue ReadingFT: Economic slide sends support for Erdogan to all-time low
Categories Economy Finance General HIGHLIGHTS ‘IPOs Aren’t Fun Anymore’: Turkey’s Stock Craze Is Fizzling Out Güldem AtabayPosted on1 July, 2021 At the height of Turkey’s day-trading frenzy, Osman Sekman was opening as many brokerage accounts … Continue Reading‘IPOs Aren’t Fun Anymore’: Turkey’s Stock Craze Is Fizzling Out
