Gross Domestic Product Turkey GDP grew by more than expected (2.3% versus 1.6%) in the first three months of 2015, data from Turkstats showed on Wednesday. Despite the fact that the reported figure signaled a below par growth in the country, we saw the pressure…
The 2001 crisis and the following the post-crisis period were important milestones for economic policy-making in Turkey as well as for the monetary policy. In 2002 Turkish Central Bank adopted a modern monetary policy with primary objective of achieving price stability after the bank had…
With two months before the Turkish local elections take place, Prime Miniter Tayyip Erdogan’s party is still, by a wide margin, the most popular with voters, as it has been since 2002. However many are qıestioning if that wide margin is getting narrower these days…
Iran’s accord with world powers to limit its nuclear program in exchange for as much as $7 billion in relief from sanctions. With this agreement, Iran lower is its nuclear activities but wins an easing of certain sanctions on oil, auto parts, gold and precious…