Turkey

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Economic update | Turkish Market Recovery Still Slow

22 Jul 2010
The last couple of weeks in Turkey have seen the stock market and the Turkish Lira fall, despite the new IMF standby-agreement confirmed by the IMF on January 4th.
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Economic update | Mixed News for Turkish Economy

22 Jul 2010
The last couple of weeks have seen some good news for Turkey, including the slow but steady depreciation of the Turkish Lira against hard currencies, which has helped boost exports- total exports rose by 4.6% in January over December- and the Central Bank of Turkey’s (CBT) optimism about inflation.
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Economic update | Istanbul Hosts EU-OIC Summit

22 Jul 2010
A two-day summit in Istanbul between the foreign ministers of European countries and those of the Organisation of Islamic Conference (OIC) ended on February 12th with calls for a two-state solution to the Palestinian-Israeli conflict.
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Economic update | Turkey’s Telsim in Court Case

22 Jul 2010
The world's two largest mobile-phone makers Motorola and Nokia on January 28th jointly filed a law suit in a New York federal court against Turkey's second largest mobile-phone operator Telsim.
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Economic update | IMF to Lend Turkey $16bn over Three Years

22 Jul 2010
After its meeting on February 4th, the IMF board approved an additional $12bn loan package for Turkey, bringing the total over the next three years to $16.3bn. Of this total, $9.3bn was made immediately available.
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Economic update | Ankara Takes Steps Towards Europe

22 Jul 2010
Continued debate has surrounded Turkey's most recent steps towards EU accession: the consideration of a package of bills that concentrates on human rights and freedom of speech.
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