Search results

Crisis will cut profits, add risks for Turkish banks

Location:

TURKEY

It was a bid to stabilise the lira. Bank deposit and credit rates have already risen sharply, and credit growth has virtually halted. As Turkey’s economic crisis takes hold, the…

Turkey’s illiberal economic model will extend further

Location:

TURKEY

Erdogan spoke with pride of imposing additional customs duties to protect domestic industries, cheapening credit and launching a national car project. Economic policies are…

Turkey's economic policy shift is not worth the risks

Location:

TURKEY

The lira’s collapse has only fortified President Recep Tayyip Erdogan’s adherence to unorthodox low-interest-rate policies. Rather than changing course, Erdogan has publicly…

Ukraine war will hurt Turkey’s economy

Location:

TURKEY

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…

Predatory army will stifle east Libya economy

Location:

LIBYA

Eastern economy.

Prospects for Turkey in 2020

Location:

PROSPECTS 2020

Prospects for Turkey in 2020.

Investor confidence in Turkey will rise slowly

Location:

TURKEY

The move is part of the government’s new more orthodox economic policy, which was adopted following President Recep Tayyip Erdogan’s re-election in May. The change of policy…

Turkey must reform structurally to meet fiscal targets

Location:

TURKEY

The draft foresees a central administration budget deficit of 80.6 billion lira (14.3 billion dollars) or 1.8% of GDP. Maintaining fiscal discipline would bolster international…

Prospects for Turkey in 2019

Location:

PROSPECTS 2019

Prospects for Turkey in 2019.

Improvement in US ties with Ankara can only go so far

Location:

TURKEY/US

US President Donald Trump has warmed towards Turkey, which is benefiting from the contrast with Saudi behaviour. Turkish-US cooperation in the Khashoggi affair and the release of…