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The hike follows a 185-bp rise two weeks ago that failed to stem the forint sliding to low point of HUF417:EUR1. Inflation continues its steady rise, to 11.7% year-on-year in…
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DOI: 10.1108/OXAN-DB271429
ISSN: 2633-304X
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The conflict in Ukraine is a threat to Turkey’s economy. The lira has weakened again, which will push inflation above 60%. Ankara has condemned Moscow’s invasion but is seeking…
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DOI: 10.1108/OXAN-DB267878
ISSN: 2633-304X
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However, although output has grown, a tight labour market and persistent inflation have created new problems. The reorientation of trade away from Europe has resulted in a…
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DOI: 10.1108/OXAN-DB285374
ISSN: 2633-304X
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Prospects for Turkey to end-2022.
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DOI: 10.1108/OXAN-DB270739
ISSN: 2633-304X
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The two countries have turned to each other amid increasing isolation from international banking systems, export markets, and foreign resources and technologies. Deepening their…
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DOI: 10.1108/OXAN-DB278339
ISSN: 2633-304X
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The STC and the internationally recognised government of President Abd Rabbu Mansur Hadi established an uneasy power-sharing cabinet in December 2020. This enabled them to boost…