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
Categories Economy Emerging Markets HIGHLIGHTS Turkish inflation seen accelerating to 16.9 percent in June Güldem AtabayPosted on30 June, 2021 Turkey’s consumer price inflation rate may climb to 16.9 percent in June according to FOREKS, citing … Continue ReadingTurkish inflation seen accelerating to 16.9 percent in June
Categories Economy Finance General HIGHLIGHTS Turkey extends amnesty on wealth repatriation Güldem AtabayPosted on30 June, 2021 Turkey’s government extended an amnesty on the free entry into the country of assets including … Continue ReadingTurkey extends amnesty on wealth repatriation
Categories Economy General HIGHLIGHTS Turkey establishes price stability committee to help tackle inflation Güldem AtabayPosted on30 June, 2021 Turkey’s government established a price stability committee aimed at bringing down double-digit inflation. The formation … Continue ReadingTurkey establishes price stability committee to help tackle inflation
Categories Economy HIGHLIGHTS May trade deficit up a staggering 20 percent and… Güldem AtabayPosted on30 June, 2021 May trade deficit up a staggering 20 percent Turkey’s foreign trade deficit widened by an … Continue ReadingMay trade deficit up a staggering 20 percent and…
Categories Economy Finance General HIGHLIGHTS Turkish central bank may revert to Albayrak-style policy to boost lira deposits Güldem AtabayPosted on24 June, 2021 Turkey’s central bank may introduce unorthodox measures to encourage Turks to deposit cash in liras … Continue ReadingTurkish central bank may revert to Albayrak-style policy to boost lira deposits
Categories Business Economy General HIGHLIGHTS Politics ECFR: How the European Green Deal can save the EU’s relationship with Turkey Güldem AtabayPosted on24 June, 2021 Europeans know that the EU needs to create a new paradigm in its relationship with … Continue ReadingECFR: How the European Green Deal can save the EU’s relationship with Turkey
Categories Economy Finance HIGHLIGHTS Politics Mobster videos renew scrutiny on Turkey’s wealth amnesty law Güldem AtabayPosted on24 June, 2021 YouTube videos of convicted Turkish mob boss Sedat Peker accusing government officials of corruption and … Continue ReadingMobster videos renew scrutiny on Turkey’s wealth amnesty law
Categories Economy HIGHLIGHTS Politics Swap deal with Azerbaijan next; Reuters cliams Güldem AtabayPosted on23 June, 2021 Turkish central bank governor Kavcioglu pledged to senior members of the Banks’ Association of Turkey on Tuesday to … Continue ReadingSwap deal with Azerbaijan next; Reuters cliams
Categories Economy HIGHLIGHTS Fitch: Turkish Corporates Take Steps to Address FX Mismatches Güldem AtabayPosted on22 June, 2021 Turkish companies have reduced the proportion of their debt denominated in foreign currencies and are … Continue ReadingFitch: Turkish Corporates Take Steps to Address FX Mismatches
Categories Economy Finance General HIGHLIGHTS Politics US seeks seizure of shady tycoon’s assets in Turkey Güldem AtabayPosted on21 June, 2021 The United States seeks the seizure of shady Turkish businessman Sezgin Baran Korkmaz’s assets as … Continue ReadingUS seeks seizure of shady tycoon’s assets in Turkey
Categories Economy General Politics Turkish court accepts indictment seeking ban of pro-Kurdish HDP Güldem AtabayPosted on21 June, 2021 Turkish Constitutional Court on June 21 accepted an indictment filed by a senior prosecutor seeking … Continue ReadingTurkish court accepts indictment seeking ban of pro-Kurdish HDP
