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Turkish Economy

Turkish economy on right track, monetary policy fully functional, Finance Minister Simsek says / REUTERS

Turkey's monetary policy is fully functional and the policy mix going forward will be more supportive, but more time is needed to see its...

Turkish stocks soar in world-leading rally as ‘tech mania’ grips market / FINANCIAL TIMES

By Adam Samson, Turkey correspondent for FT. Financial Times, March 2, 2024 Turkish stocks have notched up a world-leading rally this year as “tech mania” grips...

Turkey ‘highly vulnerable’ to liquidity pinch, says leading credit agency – Al-Monitor/Adam Lucente

"Turkey, Tunisia and other countries in the Middle East could face liquidity challenges amid rising interest rates worldwide" says Adam Lucente in Al-Monitor.  Turkey, Tunisia...

Turkey’s Erdogan pins economic crisis on 2013 Gezi protests – Al-Monitor/Andrew Wilks

"Turkey's president has added the economy to his list of casualties of the nationwide Gezi protests nine years ago" reports Andrew Wilks in Al-Monitor. Turkey’s...

Turkish taxpayers outraged at cost of lira protection scheme – Al-Monitor

"Public outrage is growing in Turkey over the cost of a government scheme to curb dollarization and prop up the Turkish lira, launched hastily...

In Turkey, high inflation drives home sales – Mustafa Sönmez- Al-Monitor

"The demand on Turkey’s housing market, stoked by a rush to protect savings from soaring inflation, is likely to increase despite skyrocketing prices unless...

Just how bad is inflation in Turkey? It depends on who you ask – Aljazeera

"Government figures say annual inflation topped 36 percent last month, but some think that number is far short of the mark" reports Umar Farooq...

‘There’s jobs but no money’: Turkey’s economic crisis begins to bite – Guardian

"As the value of the lira plummets and inflation soars, Turkish citizens are struggling to adapt and survive" reports Ruth Michaelson in Guardian. In a...

Roma rely on festive bouquet cash as Turkey’s economy flounders – Guardian

"When flower vendors put out the red and green kokina on the streets, holiday season has arrived in Istanbul." says Elif İnce in Guardian. Colourful kokina heralds...

How Did Turkey’s Economy Go So Wrong? – New York Times

"Even before the pandemic, Turkey was trying to ward off financial meltdown. The crisis has accelerated as President Recep Tayyip Erdogan has doubled down...

Fehim Taştekin: « Turkey’s good relations with Qatar may not be enough for Erdogan » – Al-Monitor

"Erdogan’s Qatar visit failed to produce agreements that could help the ailing Turkish economy, but he wants to maintain Turkey’s partnership with Qatar, including...

Turkey and China: In pursuit of a ‘strategic partnership’

Andrew Rosenbaum, Ahval, May 17, 2021, Turkey and China are celebrating their 50th anniversary of diplomatic ties this year. For now, however, there is...

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