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Tag Archives: Turkey

Bodrum raises its celebrity appeal and spearheads a resurgence in Turkey’s tourism

Confidence in Bodrum as Turkey’s leading tourist resort has been boosted this summer by the opening of a landmark hotel by Hollywood superstar Nicole Kidman combined with the launch of multiple new flights there by a leading British travel firm, said Turkey property specialist Spot Blue International Property in May....

Posted on 19 May 2017

The Best Holiday Towns on the Turkish Aegean Coast

The Turkish Aegean Coast covers the entire western side of the country. Many say it isn’t as scenic as the Mediterranean coast on the southern side, yet every year thousands of holidaymakers fly into Bodrum and Izmir airports for Turkish sun, sea, and sand. Some of these destinations have also...

Posted on 17 May 2017

Turkey To Ease Residence Permit Rules for Foreign Buyers

According to a statement by Turkish deputy PM Ali Babacan, the country is set to make further accessions to attract foreign property buyers, potentially including longer residency visas for foreign buyers. "Turkey should be more tolerant toward foreigners who buy houses and spend substantial amounts of money to spend time...

Posted on 15 March 2013

Turkey Presenting Draft Action Plan to EU

According to EU Minister Egemen Bagis, Turkey is due to present a draft action plan concerning the opening of a new chapter in its bid for European Union membership. Apparently it has fulfilled the benchmarks for the opening of a new negotiation chapter which will be presented to the EU...

Posted on 19 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

Full Extent of Turkey’s Shale Gas Reserves Unknown

It is certainly good news that Turkey has considerable deposits of shale gas, as foreign energy imports account for a major part of the current account deficit. Extracting the shale gas could mean Turkey will finally enjoy the competitive energy prices. In 2011 the US government released its analysis of...

Posted on 25 January 2013

Turkey to Use Human Rights Law to Try to Recover Ancient Artifacts

Turkey has a rich archaeological history, but many of its ancient artifacts are owned by museums in the West, but now Turkey is planning to try to recover many of these relics through using the human rights law. It is to file a lawsuit in the European Court of Human...

Posted on 19 January 2013

Turkey Keen to Boost Trade Volume with Africa

Turkey is keen to boost its trade volume with Africa, and has set a target figure of $50 billion by 2015. The Turkish Prime Minister, Recep Tayyip Erdogan, accompanied by a delegation of 250 businessmen, recently toured Niger, Gabon and Senegal. The trip is all part of the Turkish government’s...

Posted on 11 January 2013

Fears of a Property Bubble Forming in Turkey Are Unfounded

There have been quite few concerns that a property bubble could form in Turkey, leading to the kind of problems seen in Spain. However experts don't think this is very likely to happen due to a number of different factors. Recently Turkish banks have been reducing interest rates on home...

Posted on 10 January 2013

Turkish Airlines announces 4 new destinations

Istanbul, 27 November 2012 - Turkish Airlines, Turkey’s national flag carrier, has announced 4 new destinations, Salzburgin Austria, Luxorand Aswanin Egyptand Colomboin Sri Lanka. With these new routes Turkish Airlines reaches nearly 250 destinations from Istanbul and again being crowned the “Best Airline in Europe” Turkish Airlines is aiming to...

Posted on 28 November 2012