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Turkish and Euro Foreign Exchange Market Summary

Date: 23/01/2007Turkish and Euro Foreign Exchange Market Summary   Back

Posted on 14 February 2011

Istanbul Airport Traffic up 70% in 2010

Traffic through the Istanbul Sabiha Gocken airport grew by an incredible 70% last year compared to 2009 according to data from air traffic data collation website Anna.Aero. Even more incredibly this growth saw the airport become the second fastest growing in the world, beaten only by the airport at Kaunus...

Posted on 11 February 2011

Major chain to open two new hotels in Bursa, Turkey

Starwood Hotels & Resorts have just signed an agreement with Faik Celik Turizm to develop two new hotels in Bursa under the Sheraton and Aloft brands. They are expected to open in 2013 and are located in a rapidly developing residential and business area adjacent to the upcoming football stadium...

Posted on 10 February 2011

Kalkan Property Still a Fantastic Buy

When it comes to Kalkan property some would argue that we have missed the boat. In the Financial Times this week we read about Liz and John Lockhart, who purchased in Kalkan 12 years ago, when they were attracted to the underdeveloped town, no homes for sale, “and not even...

Posted on 04 February 2011

Turkey FAQs Part I: What is the Capital of Turkey?

To the people who know Ankara is the capital of Turkey, similarly to those who know the answer to a question on any capital city, it beggars believe that it is something many people do not know. But indeed in this case it is, because it is one of the...

Posted on 03 February 2011

Property in Side (See-Day) Finally Getting Credit it Deserves

Property in Side is one of Turkey's greatest treasures, which is only in recent years gaining the credit it deserves for the uniqueness and beauty of its very special location. Side sits on a headland stretching out into the Mediterranean sea. Thus, Side has sea on three sides. Needless to...

Posted on 28 January 2011

Turkey Negotiating on Free Trade with the Ukraine

This week saw Turkey commence negotiations on a free-trade agreement with the Ukraine. Turkish Prime Minister Recep Tayyip Erdogan met his opposite number in Kiev January 25th, to discuss free-trade and other ways of increasing ties including the potential for visa-free travel. In the last 18-24 months Turkey has increased...

Posted on 27 January 2011

Turkey Continues to Increase Ties with Russia as EU Frustrates

This week saw Turkey and Russia sign a mutual agreement on the readmission of illegal immigrants, which is seen as the final hurdle to the enactment of the visa-free travel deal agreed by the two last May. Turkey is an extremely popular holiday destination for Russians with over 3 million...

Posted on 21 January 2011

Turkish Budget Deficit Shrank 24.9% in 2010

Turkish finance minister Mehmet Simsek has announced that the budget deficit dropped by 24.9% in 2010. Turkey’s continued good news on the economic front continues to increase the likelihood that it will be bumped up to investment grade status this year. The announcement, coming as it does amidst an EU...

Posted on 20 January 2011

Does Anyone Want a Turkish House?

We are Turkish property agents, we sell Turkey property to people who are searching primarily for property in Turkey, but why does no one want a Turkish house? When you think of a Turkish house, because you are so used to hearing about luxury villas you automatically imagine that the...

Posted on 14 January 2011