Mehmet
Foreign policy may increase economic fragility
Recently, there have been ongoing debates which may cause serious fractures in Turkey's foreign policy. These debates also carry the risk of escalating the existing fragilities in the economy.
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Turkey's Central Bank hikes inflation forecast to 7.5 percent for 2016, didn't revise target at 5 pct
The Turkish Central Bank has increased its inflation forecast rate by one point from 6.5 to 7.5 for 2016, having kept its "5 percent target" for the following three years.
Germany: Turkey righteous in fight against PKK, but solution is on political ground
German Ambassador to Turkey Martin Erdmann has voiced Berlin's unconditional support to Ankara's ongoing fight against the outlawed Kurdistan workers' Party (PKK), while underlining that "a final and permanent solution" to the Kurdish issue could only be found on political grounds.
Umbrella upturns: Capital inflow to Turkey down 73 percent
The results of the November 2015 balance of payments released last week have confirmed an ongoing trend: The foreign resource inflow that has been financing Turkey's growth for 12-13 years dropped radically in 2015, and this could be considered a sign of a new era rather than a temporary trend. A new climate has gone into effect and the growth paradigm based on foreign resource inflow has actua
Turkish PM to address foreign investors in UK next week
Turkish Prime Minister Ahmet Davuto?lu on Jan. 17 started a one-week European tour including London, Davos and Berlin, during which he will meet foreign investors and discuss counter-terrorism measures with European counterparts.
Investors to quiz Turkish PM on reform commitment in London meetings
Turkish Prime Minister Ahmet Davuto?lu and his deputy and economics chief Mehmet ?im?ek will be in London from Jan. 17 to 19 on a charm offensive aimed at convincing investors that Ankara will push through reforms including privatizations and labor market liberalization.
CHP deputy calls Turkey's medium-term economic program 'artificial'
Turkey's new medium-term economic program is artificial, a Republican People's Party (CHP) deputy has said, claiming that the country was assuming it was not affected any global developments with its new program.
CHP ?zmir deputy Selin Sayek Böke has said the new medium-term economic program, which was announced on Jan. 11 by the government, was far from realistic and inconsistent.
One policeman, five civilians killed in PKK attack in southeastern Turkey
Six people, including three children and a police officer, were killed late Jan. 13 when a car bomb exploded near a district police post in the southeastern province of Diyarbak?r, officials have said.
Turkish gov't revises growth forecast, pledges reforms to cut inflation rate
Turkey's government has revised its economic growth forecast upward and vowed reforms to cut stubbornly high inflation, which has been defined as "one of the most challenging problems in the economy now," and to raise productivity.
Progress in corruption fight but more needed: Deputy PM
Turkish Deputy Prime Minister Mehmet ?im?ek said Turkey has shown remarkable progress in the fight against corruption and improving perceptions across the globe, noting however more progress was needed in a speech at a conference held by the Washington branch of the Foundation for Political Social and Economic Research Association (SETA) in the U.S. capital on Jan 7.