Tag: Turkey

S&P upgraded Turkey’s  sovereign rating a second time this year on Friday, with economy czar … Continue ReadingS&P/Frank Gill: Turkey still has a lot of work to do to climb to investment grade

The European Union’s annual progress report on Turkey’s accession process, presented Wednesday, includes references to … Continue ReadingEU Accession Report on Turkey: Status quo remains

PA Turkey is hectically searching for material to explain to its readers the impact of … Continue ReadingUS election unlikely to shift Turkey’s ambitions, leaving Kurds caught in the middle

Economy czar Mehmet Simsek is trying every trick in the book to raise new revenue … Continue ReadingTurkey’s “Tax Cheats” owe TL915 bn

A Turkish court on Thursday ordered the detention of Ahmet Ozer, mayor of Istanbul’s Esenyurt … Continue ReadingArrest of  CHP mayor causes outrage in main opposition  party, voters

Türkiye and the African Union (AU) will hold a third ministerial review conference in Djibouti in early November … Continue ReadingTürkiye & African Union to arrange meeting to improve ties

Key Takeaways We expect a rate-cutting cycle to start with 250bp in January. Keeping this … Continue ReadingMorgan Stanley on TURKEY:  Rate cutting cycle delayed, TL to remain healthy, too early for bank stocks

Two recent polls shed light on the changing attitudes in the society, collectively suggesting that … Continue ReadingPolls: Turks distrust political parties, Religious Affairs Directorate, support for EU membership, NATO rises

Türkiye’s Vice President Cevdet Yilmaz shared details of the 2025 budget, projecting a deficit of … Continue ReadingTurkey projects $55 bn budget deficit in 2025

German Chancellor Olaf Scholz was due to meet Turkish President Recep Tayyip Erdogan on Saturday … Continue ReadingOlaf Schulz visiting Ankara, no talks on new Customs Union

Famous journalist Cüneyt Özdemir, in his broadcast on his YouTube channel, revealed interesting backstage information … Continue ReadingSHOCKER:  Journalist claims Erdogan wanted to fire Mehmet Simsek

The CBRT kept the policy rate stable at 50%, as unanimously expected, but declined to … Continue ReadingANALYSIS:  CBRT keeps the door open for a December rate cut, but maintains its “data dependance”

Heightened tensions in the Middle East will hinder Türkiye’s efforts to get its ailing economy … Continue ReadingMiddle East tensions, austerity drive to curtail Turkish GDP growth

    The performance of the Turkish economy improved vastly, since Mehmet Simsek was appointed … Continue ReadingAtilla Yesilada video: Turkish economy sailing into perfect storm |

While Mehmet Simsek’s economic stabilization program is yet to achieve any significant progress in terms … Continue ReadingA rare piece of good news:  Turkey’s current account deficit shrinks to 1% of GDP

Turkey’s President Erdoğan has commented on a possible new peace process with the Kurds, and … Continue ReadingErdogan signals new Peace Process with Kurds

A lower court ordered the Turkstat to submit all information and documentation used in its … Continue ReadingStats agency ordered by court to deliver inflation data

IMF Executive Board concluded 2024 Article IV Consultation with Türkiye on 27 September, the findings … Continue ReadingIMF on TURKEY:  Slower growth, disinflation on the horizon, but many downside risks to economic stability

Turkey’s current account recorded a large surplus in August, while the 12-month rolling deficit plunged … Continue ReadingTurkey posts significant current account surplus in August

Erdogan’s crusade  on “harmful content” in social media gained new momentum on Wednesday, as the … Continue ReadingTurkey bans Discord