The Turkish government was reeling after a key member in the fractious three-party coalition quit on July 8th, followed by a mass defection of over 30 deputies from Prime Minister Bulent Ecevit’s...
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Economic Update | Turkish Government On The Brink
22 Jul 2010
Economic Update | Ailing Ecevit Stays Atop Coalition Government
22 Jul 2010
Turkish Prime Minister Bulent Ecevit emerged from a much-anticipated medical check on June 26th insisting that a slew of nagging ailments would not keep him from returning to work in a few weeks time...
Economic Update | Turkey Shakes Up Its Banking Sector
22 Jul 2010
Turkey's banking watchdog (BDDK) on June 19th took control of the country's seventh largest bank, Pamukbank, driving the Istanbul Stock Exchange (ISE) into a sharp decline.
Economic Update | Turkey Assumes Control of Afghan Force
22 Jul 2010
The Turkish military, long accustomed to the domestic limelight, took on new challenges in the global arena as it assumed control of the 4650-strong International Security Assistance Force (ISAF) in...
Economic Update | Politics Runs Turkish Markets Ragged
22 Jul 2010
Worries over the viability of the shaky three-party coalition have sent Turkish markets roiling further, as political infighting over a series of European Union-mandated reforms continues to raise...
Economic Update | GCC to Expect Lower Growth
22 Jul 2010
The six-member Gulf Co-operation Council (GCC) can expect slower economic growth in 2002 as oil production is reigned in, the United Nations reported last week.