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Category Archives: Europe

Turkey’s property market outperforming the rest of Europe!

Property investors have seen better returns in Turkey than anywhere else in Europe, in terms of capital appreciation, over the past year, after the latest Knight Frank Global House Price Index showed house prices there rose 12.2 per cent year-on-year to the end of Q2 2013. Turkey’s rate of house...

Posted on 13 September 2013

Tourists just can’t get enough of Turkey – as Egypt’s problems deter holidaymakers

Turkey’s popularity as a tourist destination is growing at a faster rate than anywhere else in the Mediterranean, according to recent figures from the Union of Mediterranean Tourist Hotels (AKTOB). The country welcomed 19.1 million foreign tourists over a period of seven months in 2013, signifying a 10.6 per cent...

Posted on 31 August 2013

Ford to Complete Move From UK to Turkey

Ford Motors, one of the world's largest car manufacturers is closing up its operations in Britain and moving completely over to Turkey. After recently closing its 40 year old plan in Southampton the firm is now set to do the same in Dagenham beforing moving the operation across to its...

Posted on 19 July 2013

Emerging Turkey: Rising Oil Demand Fuels European Refineries

Turkey and its emerging market counterparts are keeping refineries open across the Mediterranean's developed nations according to the International Energy Agency's monthly oil report. The report says that growing demand from Turkey and North African nations is directly responsible for refineries in Italy and Spain's ability to stay in business....

Posted on 12 July 2013

Exchange rate stability makes life more comfortable for Brits in Turkey

Expats who rely on income from the UK have been better off in Turkey than those living in Spain, France or any other Eurozone country, thanks to the Turkish lira being more stable than the Euro since the credit crisis of 2008 – a trend likely to continue in the...

Posted on 22 May 2013

Turkish Airlines Puts Istanbul on top of European Aviation

Talk about taking the world by storm, well Turkish Airlines is certainly causing a storm in Europe. The airline has been almost constantly in airline news for several years now as it adds more new routes than any other airline over any period you wish to measure. Thanks to its...

Posted on 17 May 2013

Renewed Vigour In EU Accession Progress Continues

More progress towards EU accession for Turkey as European Commissioner for Enlargement and European Neighbourhood Policy Stefan Füle called for the opening of the energy chapter of negotiations. “The [European] Commission thinks that Turkey is ready to negotiate the energy chapter,” Füle said in a written statement to the European...

Posted on 20 April 2013

Turkey Pushing Eurasia as it Splits Between the Two

Countries in Eurasia could play an important role in the new global structure, with Turkey's help according to a new statement from Turkish President Abdullah Gul. In a message to the 16th Eurasia Economic Summit in Istanbul today, where leaders from across the region are gathered to discuss a wide...

Posted on 10 April 2013

Turkish EU Negotiations Regaining Traction

Turkey's EU candidacy looks like getting back on track as senior EU officials put their weight behind a new push, with support from Ankara. Turkey's EU accession negotiations were opened in 2005 but soon hit a brick wall. Only 13 out of the 35 negotiation chapters have even been opened,...

Posted on 14 March 2013

Turkish Current Account Deficit Falls to 26-Month Low

The Turkish current account deficit fell again in January, according to the latest data from the Central Bank. According to the report the deficit fell 2% compared to January 2012 to the lowest level in 26 months. Turkey has become one of the most vibrant emerging markets in the world...

Posted on 12 March 2013