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Economic Update | EU Optimism versus IMF Concerns

22 Jul 2010
With the country's leaders now finally included in the European Union family photograph, thanks to June's EU Thessalonika summit, a new mood of optimism has been evident in Ankara. A determined rash...

Economic Update | Petkim Bid Controversy As More Sell Offs Announced

22 Jul 2010
Turkey’s privatisation programme took another step forward this week with announcements on tendering for oil refiner Tupras and alcohol and tobacco giant TEKEL. However, controversy surrounded the...

Economic Update | Calls for Rate Cut as Dollar Drops

22 Jul 2010

Economic Update | Mobile Merger as Turkey Looks for FDI

22 Jul 2010
The announcement that a preliminary agreement had been reached merging Turkey’s two smaller mobile phone networks during Italian Prime Minister Silvio Berlusconi’s visit May 12 brought relief on a...

Economic Update | Iraq War Bill Tallied as IMF Loans USD701m

22 Jul 2010
With the war in neighbouring Iraq appearing to be winding down, attention in Ankara and Istanbul turned this week to the probable financial and economic costs of the conflict. There was also an...

Economic Update | Debt Roll Over Worries Spark Novel Policies

22 Jul 2010
When Turkey’s prime minister starts suggesting the government should issue war bonds, and citizens pay $100 a head or donate a slice of personal wealth to pay off the national debt, there is bound to...

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