Turkey

Violence breaks out as Erdogan's New York hotel speech is interrupted by hecklers

bne IntelliNews September 22, 2017

Protesters punched by suited men and dragged from venue, but US State Department says that according to its present knowledge no security personnel of the Turkish president were involved.

ISTANBUL BLOG: Commerzbank ignites quarrel claiming Turkey’s official growth figures are “more than questionable”

Will Conroy in Prague September 13, 2017

Ankara’s GDP, investment and tourism data do not stand up to scrutiny says German lender in scathing report concluding the reported Turkish “economic miracle” may even be a politically influenced mirage.

Turkey’s decision to buy Russian missile-defence system alarms Washington

bne IntelliNews September 13, 2017

Turkish President Erdogan announces S-400 deal as relations between Ankara and its Western allies, notably the US and Germany, reach a low point.

Turkish ministers buoyed by Q2 GDP growth of 5.1% hail economic outlook

bne IntelliNews September 12, 2017

Range of economic indicators show Turkey presently underpinned by strong growth prospects, although the fuelling of the economy with government-guaranteed soft credit remains a concern.

Turkish economy grows at 5.1% in Q2

bne IntelliNews September 11, 2017

Turkey’s economy expanded at 5.1% y/y in the second quarter of this year.

Russian institutions beat CEE peers on world university ranking

bne IntelliNews September 6, 2017

Lomonosov Moscow State University the best ranked university in the CEE/CIS region on new ranking compiled by THE.

Turkish manufacturing PMI reaches 77-month high in August

bne IntelliNews September 5, 2017

Turkey experienced the best improvement in its manufacturing activity in nearly six and a half years, latest PMI data shows.

Turkey’s consumer inflation touches double digits again in August

bne IntelliNews September 5, 2017

Negative surprise as Turkey’s annual CPI inflation accelerated to 10.68% in August from 9.79% in July, limiting scope for monetary easing.

Economists tangle over risk of a Greek-style collapse in Turkey

Will Conroy in Prague September 2, 2017

Istanbul’s introduction of a credit guarantee fund has triggered a private sector credit boom that some analysts fear could end in tears if Europe’s banks become unwilling to lend to their Turkish counterparts.

CEE commercial real estate investment falls 6% in first half

bne IntelliNews September 1, 2017

The Czech Republic was the stand-out performer in H1 with €2.2bn in investment, ahead of Russia with €1.6bn and Poland with €1.1bn, according to Cushman & Wakefield report.

Turkey’s July foreign trade widens 83% y/y on strong imports

bne IntelliNews August 29, 2017

Turkey’s foreign trade deficit increased by a sharp 83% y/y to reach $8.84bn in July, driven by strong imports.

Turkey’s economic confidence index hits five-year high

bne IntelliNews August 29, 2017

Analysts impressed by turnaround as Turkey’s economic confidence index rises 2.5% y/y to 106 in August, reaching its highest level since July 2012.

Turkey reiterates concern over US support for YPG during US defence secretary visit

bne IntelliNews August 24, 2017

The US promised Turkey it would provide the serial number and delivery addresses of all arms sent to the Kurdish rebels.

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