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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...

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.

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...

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.

Economic Update | High Hopes For Cyprus Settlement

22 Jul 2010
International observes are hoping for a final breakthrough in the Cyprus peace talks, after the rival leaders Glafcos Clerides and Rauf Denktas, from Greek and Turkish Cyprus respectively, agreed on...

Economic Update | Hot Air in Turkey's Gas Sector

22 Jul 2010
Turkey has revised its estimated natural gas requirements in 2002 to around 21 billion cubic metres (bcm) according to the Energy Minister Zeki Cakan on January 12th.

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