Menu

Tag Archives: news

Turkey to Open New EU Chapter with Help of France

According to Turkish EU minister Egemen Bagis Turkey submitted an action plan for opening a new EU accession chapter, having fullfilled the benchmarks neccesary to open said negotiation chapter. The news follows an announcement from the new French administration that it would help Turkey to get Chapter 22, “Regional Policy...

Posted on 23 February 2013

Turkey Strongest Economy in EU Paddock Says EC

We haven't had official figures for Turkish GDP growth for all of last year yet, but this hasn't dettered the European Commission from predicting that Turkey will be the strongest country in its economic paddock this year. In its winter forecast 2013 released today the body predicted that Turkey will...

Posted on 22 February 2013

Turkey Launches First Locally Built Research Ship

Turkey recently launched its first national research ship. Its purpose is to help protect marine ecosystems and enable surveillance and research on a number of undersea related issues. One of these is exploring for oil. The project is significant because it proves Turkey is capable of building such ships, and...

Posted on 21 February 2013

2013 Predictions for the Turkish Property Market

Increased competition from foreign sellers will be a feature of the 2013 Turkish property market, as owners are continually hammered by the depression of the Euro and global financial crisis, the head of a Turkish real estate group has told the Hürriyet Daily News. “I expect a boost in real...

Posted on 16 February 2013

Istanbul’s Ancient City Walls May Be Restored as Tourist Draw

Istanbul's ancient city walls were first built by Constantine the great, and were originally 26 km long, but today just 7 km remain. In the past these walls haven't been adequately maintained, and now need protection quite urgently. It's thought if they were properly restored they could prove to be...

Posted on 14 February 2013

Turkey Implementing $5 Billion Smart Grid Plan

Turkey is planning to spend $5 billion on smart power grids during the next three years in an effort to boost network efficiency, but this plan should also boost ties with the US. It's been predicted that closer cooperation will develop between the Turkish government and energy companies, and the...

Posted on 12 February 2013

Demand for Clean Energy in Turkey Set to Increase

It's expected that demand for clean energy in Turkey will increase substantially over the next two years in spite of slowing economic growth. The deputy energy minister, Hasan Murat Mercan has estimated that Turkey needs to spend around $10 billion on generating new power each year for the next decade....

Posted on 08 February 2013

Abu Dhabi Owned Company Invests in Turkish Coal Mines

Taqa, an Abu Dhabi owned company has recently signed a coal plant deal with Turkey that could be worth $12 billion. The agreement was signed at the beginning of the month and allows Taqa to develop Turkish coal mines. The company will work in conjunction with the Turkish government owned...

Posted on 17 January 2013

More Travel Agents Choosing to Focus Their Attention on Turkey

Travel agencies are always seeking new destinations, and the economic downturn in Europe has meant the popularity of traditional holiday countries such as Italy, Greece and Spain has declined, and Turkey is increasing in popularity. Rising unemployment figures and economic cutbacks have meant many people have less money to spend...

Posted on 05 January 2013

Turkish Tourism Going from Strength to Strength… to Strength

Turkey's tourism industry is still performing strongly in spite of the continuing global economic downturn as the country is now ranked in the top 10 most visited countries by the UN World Tourism Organization. It is the sixth most visited country in the world, and is especially popular with visitors...

Posted on 15 November 2012