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Category Archives: Forecasts

Global Investors Pre-emptively Rate Turkey Investment Grade

It seems that global investors are acting on the basis that the rating agencies will imminently upgrade Turkey's debt rating to investment grade. This belief comes from the fact that it currently costs as much to insure Turkish debt against default as it does to insure debt of Russia in...

Posted on 01 July 2010

Construction Leader Predicts 15% Growth in Turkish Construction this Year

The chairman of a leading Turkish construction company has said that the industry could see growth of up to 15% this year. Speaking , which was organized by the Association of Turkish Building Material Producers, or İMSAD, on Thursday, Süleyman Varlıbaş, chairman of Varlıbaş Holding said the growth in the...

Posted on 20 April 2010

Icmeler Villas Becoming Extremely Popular with Foreign Buyers

Icmeler Villas are becoming some of the most popular properties in Turkey. This is coming as quite a shock to many in the industry. Turkey's holiday property markets have traditionally grown fastest in areas where tourism is growing fastest -- the holiday makers of today becoming the holiday home buyers...

Posted on 04 March 2010

Turkish Economy to Grow More than Previously Expected Says World Bank

The World Bank country director for Turkey, Ulrich Zachau has said that the organisation "expects" Turkey's economy to grow by 4-4.5% this year, which is higher than the World Bank's running forecast of 3.5%. On the other hand, he said that high unemployment would continue to be a problem in...

Posted on 03 February 2010