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Nabucco Takes Huge Step Forward as 4 Billion Euro Loans Agreed

The Nabucco pipeline has taken a giant step forward this week when representatives from some of Europe's biggest financial institutions signed on the dotted line with regards their financing of the project. For anyone in the dark as to what Nabucco is, it is a huge pipeline project to connect...

Posted on 09 September 2010

Turkey Admission into Europe to be Electric this Month

Turkey maybe struggling to become a full member of the European Union, but they have successfully gained their entry into the European Electric Grid. Currently the European Union shares a combined electricity grid, with the exception of the UK, Finland, Norway, Sweden, and, of course Turkey, that is until now....

Posted on 08 September 2010

Turkish Economy Powering Forward as one of Hottest Emerging Markets

Turkey is continuing to drive forward on its path to one of the world's greatest emerging markets. Analysts believe the economy grew 10% in the first half of the year. And reports have emerged that this growth is continuing to fuel employment growth. The air transportation industry has been an...

Posted on 03 September 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

Daily Mail Again Testifies to Popularity of Turkish Property

The Daily Mail has once again testified to the rising popularity of Turkish property with British and global buyers with another sizeable feature on the country in its print and web editions. The title for the piece was a none-downtrodden: Turkey is a shore bet: The holiday home market is...

Posted on 01 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

Turkey Region by Region Part II: Izmir

Like Antalya, Izmir Province has some gorgeous bay-sheltered beaches, but rather than forming a bay, Izmir Province is formed by 2 bays. Izmir is a large region on Turkey’s Aegean coastline in south west Turkey. Looking round from the south you have Kusadasi, which, like Kas is famed for its...

Posted on 25 August 2010

Turkey, Region by Region Part I: Antalya

Antalya is one of Turkey's top regions in terms of tourism and overseas property investment, and, for good reason. Around the world's coasts, little alcoves and bays make for the best spots because of the shelter and the warm, calm waters. Antalya doesn't have any sheltered bays, Antalya is a...

Posted on 24 August 2010

Turkish Central Bank Leaves Rate Unchanged

The Turkish Central Bank’s Monetary Policy Board kept the benchmark interest rates unchanged Thursday, with the overnight borrowing rate at 6.50 percent and lending rate at 9 percent. This is positive news for anyone considering buying a property in Turkey. Because Turkey made banking reforms in the 2001 crisis, liquidity...

Posted on 20 August 2010

Weak European Recovery and Austerity to Benefit Turkish Property and Tourism

Experts believe demand for property in Turkey will increase as Brits and Europeans continue to feel the pinch from austerity and a weaker-than-expected economic recovery. Recent news stories in Britain have highlighted low consumer confidence; with many Brits feeling less optimistic and happy about the economy now, than they did...

Posted on 19 August 2010