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The long-running weakness of the lira, which accelerated this month, has forced up prices and market interest rates, depressed asset values, dampened confidence in the economy and…
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DOI: 10.1108/OXAN-DB233743
ISSN: 2633-304X
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The falling lira coincides with signs of policy disagreements and rumours of Deputy Prime Minister Mehmet Simsek's resignation. President Recep Tayyip Erdogan and his Justice and…
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DOI: 10.1108/OXAN-DB231968
ISSN: 2633-304X
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The TCMB has responded quickly to a new wave of lira volatility ahead of local elections, forcing banks to borrow at the overnight rate of 25.5% instead of the 24.0% policy rate…
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DOI: 10.1108/OXAN-DB242769
ISSN: 2633-304X
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Presenting his government's programme on November 25, Prime Minister Ahmet Davutoglu promised to keep his election campaign pledges, complete major infrastructure projects…
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DOI: 10.1108/OXAN-DB206982
ISSN: 2633-304X
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Cetinkaya is an apparent compromise between President Recep Tayyip Erdogan and Prime Minister Ahmet Davutoglu. The MPC cut the overnight lending rate by 50 basis points to 10%…
President Recep Tayyip Erdogan is determined to win the city back from the opposition Republican People’s Party (CHP). With a population of over 16 million, Istanbul accounts for…
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DOI: 10.1108/OXAN-DB285186
ISSN: 2633-304X
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Erdogan’s weakened position.
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DOI: 10.1108/OXAN-DB245856
ISSN: 2633-304X
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Consequences of self-rule declaration.