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Category Archives: Politics

Ankara Leaves Property Tax Value Unchanged, Calls on Poland’s Support for EU Bid

Turkish property owners or those currently purchasing a property in Turkey will be glad to hear that the government has decided not to increase the value it holds on their property for taxation purchases, and so the rate at which they pay tax against the property will not go up...

Posted on 09 December 2010

Unemployment set to Fall as Tesco Invests in Turkey

Tesco is happy with growth statistics from its Kipa chain of stores in Turkey, and will continue its investments the country's retail sector, according to a spokesperson for the country. Tesco CEO and Operations Director Tony Hoggett, outlined new store concepts and future plans for Turkey. “Turkey’s credit ratings are...

Posted on 15 October 2010

President Gul Visits Bosnia-Herzegovina to “Increase Ties”

Bosnia Herzegovina will likely become the next country in an announcement of increased trade and or ties with Turkey, after the Turkish President Abdullah Gul visits the country this week. Gul told reporters that he will meet with his Bosnian counterpart and other high ranking members of the government, to...

Posted on 02 September 2010

Turkey Gaining Name as Top European Emerging Market

The stability of the Turkish banking sector, the currency, and the growth potential of the economy are continuing to impress global investors, and making its receiving Investment Grade status from the ratings agencies continuously more likely. "Turkey is Europe's BRIC," asserted David Cameron on a recent trip to Ankara. For...

Posted on 27 August 2010

These are Important Times in the History of Turkey

These are important times for Turkey, historic even. A Turkey, not only standing on its own two feet without IMF assistance, but looking proficient in, and highly capable of, doing so for the long haul. Of course, negotiations have only been terminated in the past two weeks, but Turkey has...

Posted on 25 March 2010

Turkish Economy to See Growth Boosted by New IMF Deal in 2010

The Turkish economy is predicted to grow by around 5% this year. A whole slew of analysts and brokers at investment funds, research groups and banks have forecast growth of between 4 and 7%, with 5.2% being the average forecast from the reports I have read. The International Monetary Fund,...

Posted on 14 January 2010

Turkey to Hit Close to 30 Million Tourists Target for 2010

Turkish tourism and culture minister Ertuğrul Günay has said that if Turkey doesn’t hit its target for 30 million tourists in 2010 it will stagger it. No of course he didn’t really say that, but he did say that Turkey will receive close to 30million tourists this year. "I think...

Posted on 07 January 2010

Turkey and Brazil Agree Strategic Alliance

Turkish foreign minister Ahmet Davutoğlu has announced a new strategic partnership with Brazil. Speaking with his Brazilian counterpart Davutoğlu said: "I believe that Turkey-Brazil relations would make major contributions to global and regional peace," Davutoğlu said adding that Turkey and Brazil had no political or economic problems between each other....

Posted on 05 January 2010

Turkey Embraced by West – Revered by East… Best of Both Worlds?

Turkey is proudly taking its place as one of the key markets in the world we are all rebuilding after the catastrophic crash of the last 18 months. Today it officially launched its bid to host Euro 2016, where it will compete with the likes of France and Italy to...

Posted on 24 December 2009

Turkish Government Continues to Turn Turkey into International Influencer

The Turkish government will likely go down in history as one of the most adept at building and strengthening international relations and building the country's international presence. Erdogan has just returned from official meetings in Mexico and in Washington, where he met with the President. During the visit Erdogan secured...

Posted on 12 December 2009