Categories Economy HIGHLIGHTS Garanti BBVA: What to think about Turkey’s current policy mix? Atilla YeşiladaPosted on14 May, 2024 The CBRT signals to remain tight as long as needed, while new fiscal measures signal … Continue ReadingGaranti BBVA: What to think about Turkey’s current policy mix?
Categories General HIGHLIGHTS Gonul Tol comments on growing signs of a rift between allies Erdogan and Bahceli Atilla YeşiladaPosted on14 May, 2024 Gonul Tol is Director of Middle East Institute’s Turkish Program and the Author of Erdoğan’s … Continue ReadingGonul Tol comments on growing signs of a rift between allies Erdogan and Bahceli
Categories General HIGHLIGHTS Sinan Ciddi: Why Biden Erdogan summit was canceled? Atilla YeşiladaPosted on14 May, 202414 May, 2024 After a series of mixed messages, a scheduled meeting between President Joe Biden and his … Continue ReadingSinan Ciddi: Why Biden Erdogan summit was canceled?
Categories Finance HIGHLIGHTS Markets Turkey attracts $1.5B in foreign direct investment in Q1 Cem CetingucPosted on14 May, 202414 May, 2024 Foreign direct investment (FDI) flows to Türkiye stood at $1.5 billion (TL 48 billion) in … Continue ReadingTurkey attracts $1.5B in foreign direct investment in Q1
Categories Economy HIGHLIGHTS Istanbul struggles as inflation and cost of living skyrocket Cem CetingucPosted on14 May, 2024 Business has been sluggish for Ismail Hakki, who owns a once-thriving clothing shop in Istanbul’s … Continue ReadingIstanbul struggles as inflation and cost of living skyrocket
Categories HIGHLIGHTS Politics Greece and Turkey make small diplomatic strides, postpone tough issues Cem CetingucPosted on14 May, 202414 May, 2024 A meeting between Greek Prime Minister Kyriakos Mitsotakis and Turkish President Recep Tayyip Erdoğan in … Continue ReadingGreece and Turkey make small diplomatic strides, postpone tough issues
Categories HIGHLIGHTS Politics Political Détente: Implications for Turkish Politics Cem CetingucPosted on13 May, 202413 May, 2024 President Erdoğan’s potential visit to the CHP headquarters holds greater symbolism compared to Özel’s visit … Continue ReadingPolitical Détente: Implications for Turkish Politics
Categories Economy General HIGHLIGHTS Turkey’s March unemployment rate falls to 8.6 percent Cem CetingucPosted on13 May, 2024 The unemployment rate in Türkiye dropped 0.1 percentage points month-over-month to 8.6% in March, official … Continue ReadingTurkey’s March unemployment rate falls to 8.6 percent
Categories Finance HIGHLIGHTS FATF Team Visits Turkey Ahead of ‘Grey List’ Decision, Sources Say Cem CetingucPosted on13 May, 2024 Adelegation from the Financial Action Task Force (FATF) conducted meetings with Turkish authorities last week, … Continue ReadingFATF Team Visits Turkey Ahead of ‘Grey List’ Decision, Sources Say
Categories Economy HIGHLIGHTS Turkish current account deficit: Towards the end of narrowing Atilla YeşiladaPosted on13 May, 2024 The current account in March posted a deficit of US$4.5bn, while the improvement in the … Continue ReadingTurkish current account deficit: Towards the end of narrowing
Categories Güldem Atabay HIGHLIGHTS Güldem Atabay: Simsek’s disappointing Austerity Package and the problem of public policy building capacity Güldem AtabayPosted on13 May, 202413 May, 2024 Nearly a year has elapsed since Mehmet Şimşek assumed office as Finance Minister. Throughout this … Continue ReadingGüldem Atabay: Simsek’s disappointing Austerity Package and the problem of public policy building capacity
Categories Economy HIGHLIGHTS Şimşek’s ‘Austerity package’ is a declaration of intent, more is needed Güldem AtabayPosted on13 May, 2024 Treasury and Finance Minister Mehmet Şimşek and Vice President Cevdet Yılmaz announced the ‘public savings … Continue ReadingŞimşek’s ‘Austerity package’ is a declaration of intent, more is needed
Categories Business Finance HIGHLIGHTS Major Turkish lender rejects new Russian accounts Atilla YeşiladaPosted on11 May, 2024 Turkish Deniz Bank – one of the largest in the country, has significantly tightened the … Continue ReadingMajor Turkish lender rejects new Russian accounts
Categories HIGHLIGHTS Politics Mitsotakis – Erdogan summit aims to build confidence, no more Atilla YeşiladaPosted on11 May, 2024 Greece and Turkey are stepping up rapprochement efforts, with Prime Minister Kyriakos Mitsotakis visiting Turkey … Continue ReadingMitsotakis – Erdogan summit aims to build confidence, no more
Categories Economy HIGHLIGHTS Politics Şimşek to announce austerity measures on Monday: Here are the expectations Güldem AtabayPosted on10 May, 202411 May, 2024 Treasury and Finance Minister Mehmet Şimşek will announce a ‘comprehensive package’ in the coming days. … Continue ReadingŞimşek to announce austerity measures on Monday: Here are the expectations
Categories HIGHLIGHTS Politics Erdoğan: Economic and social problems should not take the new constitution efforts off the agenda Güldem AtabayPosted on10 May, 202410 May, 2024 President Erdoğan spoke at the 156th foundation anniversary of the Council of State. Giving a … Continue ReadingErdoğan: Economic and social problems should not take the new constitution efforts off the agenda
Categories Business HIGHLIGHTS Turkish, Brazilian companies collaborate on gas projects in the Americas Cem CetingucPosted on9 May, 2024 Türkiye’s floating energy supplier Karpowership has signed a deal with Brazilian state oil firm Petrobras to combine … Continue ReadingTurkish, Brazilian companies collaborate on gas projects in the Americas
Categories HIGHLIGHTS Politics Turkish Minister dismisses Israeli claims of easing trade ban as ‘fictional’ Cem CetingucPosted on9 May, 2024 Turkish Trade Minister Ömer Bolat has dismissed Israeli claims of Türkiye easing its trade ban on Israel, labeling them as … Continue ReadingTurkish Minister dismisses Israeli claims of easing trade ban as ‘fictional’
Categories HIGHLIGHTS Politics President Erdoğan urges enhanced cooperation with EU Cem CetingucPosted on9 May, 2024 President Recep Tayyip Erdoğan has extended a hand of cooperation to the European Union, stressing the importance of developing collaboration between Türkiye … Continue ReadingPresident Erdoğan urges enhanced cooperation with EU
Categories Economy HIGHLIGHTS Bloomberg: Turkey to unveil fiscal austerity plans next Monday Güldem AtabayPosted on9 May, 2024 According to sources familiar with the matter, Turkish authorities are preparing to unveil a set … Continue ReadingBloomberg: Turkey to unveil fiscal austerity plans next Monday
