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Category Archives: Forecasts

Economic growth in Turkey predicted to be double that of other OECD nations

Turkey will see average annual growth of 5.2 per cent between 2012 and 2017, while other OECD members are forecast to grow at 2.4 per cent for the same period, President of the Investment Support and Promotion Agency of Turkey (ISPAT), Ilker Ayci, stated recently. Ayci added that Turkey is the...

Posted on 04 November 2013

Fears of a Property Bubble Forming in Turkey Are Unfounded

There have been quite few concerns that a property bubble could form in Turkey, leading to the kind of problems seen in Spain. However experts don't think this is very likely to happen due to a number of different factors. Recently Turkish banks have been reducing interest rates on home...

Posted on 10 January 2013

Turkish Economy Soldiers on on Diversified Export Markets

Analysts predict that Turkey will have avoided the slowdown seen by most western European economies in the second quarter, as firms diversified their exports away from Europe into Africa and the Middle East to generate, which also helped to bring about a 12%+ growth in exports for the first seven...

Posted on 08 September 2012

Turkey Continues to Impress for all the Right Reasons

It is no surprise that foreign direct investment is flooding into Turkey, because unlike many countries at the moment, there is no reason to be scared of investing. Turkey is in Europe, but not in the Eurozone and has been growing strongly throughout the European financial crisis. Even now as...

Posted on 09 December 2011

Merrill Lynch Predicts Strong Growth in Turkey over next 10 Years

In a new report, investment banking giant Merrill Lynch predicts that Turkey will be the fastest growing economy in the EMEA region -- Europe, Middle East and Africa -- the coming 10 years, with fellow emerging markets South Africa and Saudi Arabia not far behind. "Based on an analysis of...

Posted on 02 September 2011

Turkey Named as One of Top Property Investments in World

Turkey has been highlighted as one of the top choices for global property investors by a leading expert. Speaking at the MIPIM event in Cannes, France, Robert White of Real Capital Analytics told reporters that the BRICs are no longer the top dogs of global property investment, that now the...

Posted on 13 March 2011

Turkish Airlines Now Fourth Largest Carrier in Europe

This year Turkey has been named as the number one hottest investment destination by Write About Property and the number one tourism destination by Homes Overseas. To add to this list of accolades: Turkish Airlines is now the fourth largest flagship airline in Europe after Lufthansa, Air France and British...

Posted on 06 January 2011

Great Times for the Turkish Property Market

Turkey’s economy continues to grow stronger and stronger and is anticipated to continue with forward momentum heading into 2011. Turkey is due to surpass China, the United States, Brazil, and Japan in national income, according to the International Monetary Fund (IMF), taking 12th place in EU countries. At 729 billion...

Posted on 04 December 2010

Turkish Property Shines as Best Performing Regional Market

Turkey is recovering from the global financial crisis strongly, with its economy ranked as one of the best and most stable performers in the region, according to a recent report from real-estate brokerage Cushman & Wakefield. Real estate investment brokerage Cushman and Wakefield have reported that Turkey is one of...

Posted on 21 October 2010

Danske Bank Raises Forecast on Turkish Economy

As if running on from recent reports that trade and investment between the United Arab Emirates and Turkey is returning to pre-crisis levels, Danish bank Danske Bank (one of the leading banks in Europe) has cited investment levels in Turkey rising to pre-crisis levels as one of the reasons for...

Posted on 30 September 2010